Dear Experts

Pls Clarify

The Registered dealer under Karnataka VAT Act., our product was exempted Under KVAT as per KHC Judgment and we filed our VAT-100 by claiming as exempted sales and not declared Local Purchase and not claimed Purchase Input. Because our product was exempted.

Now the Judgement is revered as exempted goods is taxable. Can we claim Input on local purchase(Which was not declared in VAT-100)

Pls Clarify

Dear Sir,
My quries is that, if anyone firm or co. purchased goods with 5% Dvat and sold out the same goods with 12.5% Dvat, so its possible or not. or if its possible so how can pass entry in accounting ,,,,
kindly give me a answer pllzzzz..........

Dear Experts,

i am working with civil contracting firm which is construction of residential & commercial buildings. Its a pvt ltd co.and we are coming under works contract of composition scheme in mvat. One of our client(developers) is following Rule 58 under MVAT. I want to know that, Is rule 58 applicable to us? if applicable then how will we charge vat in our billing? want to know computation of vat under this rule? how to maintain books of accounts under this rule?
Please send your valuable advice on above querry
Thanks in advance

I am a trader from stat of C.G. want to buy Iron Ore from Odisha and I will sale the materials to Plant situated at C.G. Please advise me how I can avail the facility E-1 facility. Please also clarify the followings
1. To whom I have to Issue C form
2. Who will issue E-1 form to whom

Thanks & Regards

P K Guha
08908688278

whether a VAT is applicable on rental of video recording equipments like LED Screen, Cameras etc in gujarat or service tax is applicable on such services ??????

Dear Expert,

We are manufacturers of Water purifying systems/Plant, which is used for water filtration in Pharmaceutical industry. We have sale across India. We are getting Purchase order for supply & service ( Erection, Commissioning, Fitment, Installation)both are separate order. We paid Excise Duty, VAT (Within Maharashtra), CST(Interstate Sale), Service Tax For service provided service. How would we get benefit of WCT ??? What will be the benefit if WCT is applicable to us ??? What will be procedure and tax structure for WCT ??

Hi,

My company is registered in maharashtra. I want to know whether the CST paid during the purchases made from the other states are eligible for a set off while filling VAT?

For Eg:-

X purchased from karnatka for Rs 100000 & CST is paid @2% which is Rs.2000/-
Same X sold in maharashtra for Rs.200000 and VAT received @12.5% which is Rs.25000/-
Whether i need to pay Rs23000(25000-2000) OR 25000? Whether CST which is already paid will be set off?

what's the meaning of fructified sale and un-fructified sale?

Sir,

We are doing some carpet work to our new office, & the supplier is providing the bill with both service tax of 12.36% & vat of 14.5%. can both be considered for the single invoice?

Thanks & Regards,
Rajeshwari

Sir,
If i purchased some raw material from another state(U.P) but i did not issue C-Form, Then what will be the VAT compliance ?

Is VAT be charged at U.P Rate and It will be included in our Purchase cost ?