sir,

we have received a notice for vat assessment for the f.y 2010-11 (karnataka VAt)
accridngly we have submitted the books of accounts and vat 240.
the assessing officer has noticed that we have claimed excess in put credit to the extent of Rs 6876in the month of DEc 2010 AS per Vat 100.
but the same has been reversed during the month of March-2011. .I.E. SHORT CLAIMED TO THE EXTENT OF 6876/-
the officer relied on vat 100 and not on 240.
now the assessing officer has levied interest and penalty u/s 39(1)of the KVAT ACT 2003.
KINDLY LET US KNOW WHETHER THE OFFICER IS CORRECT IN NOT CONSIDERING VAT 240

I am Rohit Kumar CA Final Student

i want to what is new approval password in dvat

we are constructing a new manufacturing company in the state of telangana and also purchasing machineries within the state. can i take VAT input on machinery purchase..,? if yes please explain the procedure. the company still under construction

Hi my client has a business of surgical equipments.He has a headoffice in Delhi and branch is located in bangalore. Now the question is he needs to tranfer goods to Bangalore. What compliance procedure he needs to follow?

query regarding sales return

we have sent goods to party (delhi)on challan basis but now we are receiving sales return from customers directly (from ouside delhi)how to reflect sales return of such goods in our books please reply.......

in maharashtra, can dealer purchase against H form (from within maharashtra) and sale same goods immediately against H form to customer (again within maharashtra)?

i dont thikn so, any thoughts?


regards, ca kunjan, 9222922292

Sir,
My client wants to work as an Authorized Dealer in auto spare parts in Kerala. His manufacturer is from Delhi. What important suggestions would you like to provide him.
i.e. statutories like Registrations for VAT, CST etc...how..?
Any other registrations needed.?
He want to form a partnership firm.

Dear Seniors,

A is the Material Manufacturer in Germany (foreign Party)

B is the Purchaser/Dealer in Noida, (UP)

C Customor/Consignee Bangalore (karnataka)
My Question is:

Is the below transaction "Highseas Sale" or not ?.

B purchases the material from A under Bill of Entry and B prepare a Invoice without any tax amount to C.

the material A Delivers in the name of B as a buyer & B directly send the material from port to C and B Endorse the L.R.in the name of C. so, material collects by C

who issue "c" form to whom & how to B enjoy the tax benifit on sale to C

Please guide me.

I have a client facing a problem related to WCT under DVAT. He has done works contract under DVAT but hasn't maintain proper books of accounts. He has paid WCT on the basis of proportion of material and services as decided in agreement. Now his case has been scruitinized. My query is whether portion of material & services decided in agreement can be considered equivalent to maintenance of books of accounts. Please solve my query as soon as possible. Also attach the case law (in WCT) for reference (if any).

Read more at: https://www.caclubindia.com/forum/wct-and-maintenance-of-books-of-accounts-326430.asp#.VUHq3fC2aqZ

We file VAT return in December-14 of 4% tax, now we received back some material in MArch-15 which is exceed from current 4% sales i.e. total 4% sales in march-15 is 108662, sales return of December month 4% is 129025 now credit of excess sales is more than actual sales..now how we can file online return. negative balance shows in 4% return..pl. help n oblige.