please explain the concept of input tax credit in general in simple words.. I have read about it in technical words but I'm not fully clear about it.. Please help by explaining in simple words.. Thankyou.

I HAVE SOLD MY MOTOR CAR & PURCHASED THE NEW CAR ON WHICH DEPRECIATION WAS CLAIMED BY ME. CAR WAS USED IN THE BUSINESS. MY QUERY IS DO I NEED TO PAY VAT TO THE SALE TAX DEPARTMENT ON THE SALE PROCEEDS OF THE SOLD CAR AND IF YES PLZ EXPLAIN & AT WHAT RATE THE VAT AMT IS TO BE PAID?

Assessee purchases / manufactured goods from local market from registered dealers and sales 100% out of india (exports)

Total purchase is Rs. 1.60 Cr.
Total Sales is Rs. 1.71 Cr.

Whether the assessee is liable for VAT Audit u/s 63....?

dear sir if all origioanl c form was lost that time duplicate copies accepted or not

Supplier is from UP.
Dealer is from Ahmedabad
Customer is also from Ahmedabad.

Supplier is directly shipping to Customer and bill is being raised by Dealer. Excise is being passed onto the customer directly from supplier. Now will be be straight forward RR sale. But in case customer donot issue c form to the dealer and supplier dont issue E1 to the dealer, then will it be a VAT invoice or CST@2 invoice?

What is difference between tax Invoice & retail Invoice
is input tax credit admissible on the basis on retail invoice.in case of registered Dealer.

A company has vat Purchases (local purchase) and CST sales against “C Form” (don’t have any local sale). Can we avail input vat credit; I mean to say "can we avail input against CST payable". please clear me with an example

What in case if service provider is paying VAT on Capital Asset/ consumables??

One of my client in karnataka purchased Audi Car worth of 40 lakhs and vat @14.5@% which amounts to 597191.00 can we avail input vat on the same if so.. please advise the methods to avail the vat input.

When C Form Application After Return File OR Before Return File ?