Dear Sir,
Normally we take 2% out of 5% as VAT input credit and the Balance 3% is taken as our cost as per the latest amendment dated 11th November 2013 of TN VAT Act.
This month we have an excess VAT Input after adjustment of VAT liability to the extent of Rs.45 K.
Our CST liability is Rs. 1.92 lakh payable (5%). Normally we adjust the excess vat after adjusting vat liability to the CST Liability.
Now the CTO have told us not the adjust the excess VAT against CST liability and demanding to pay the full CST liability. Also he is asking to adjust the excess VAT liability against the VAT for next month.
Kindly advice whether the VAT excess input can be adjusted against CST liability or else we have to go as per CTO.
My mail id is k.karthik.trsc@trsforms.com
Thanks
Regards
k Karthik
PLEASE TELL ME WHAT IS GST AND WHAT BENEFIT GET ON GST IMPLIMENT IN INDIA
Dear Experts,
i need information about URD and GST Meaning as well as examples how it taken credit and all information about this
kindly give the information.
thanks
Hi experts
my ques is if we recd CT-3 from customer and dispatch the material with fillup of ARE-3 but we have not charge the duty in Inv. so pl clear the query duty charge in inv is mandatory or not?
thanks
Birjesh Sharma
whether reverse charge is attracted in case of payment made to service provider for paining service.
Thanks in advance.
respected,
i want to know the features of hdfc youngstar policy..its benefits..its risk..and its comparibilty with the bank FD.
I have took a look on hdfc site but could not analyse the policy. kindly guide me in a layman style.
we have supplied material in J&K on CST. And our material requires installation which is service provided in J&K.
As per service tax law service tax is expemted in J&K. But if your order of service is more than 5 lacs then GST is charged.
in our case order is more than 5 lacs hence they want invoice with GST.
For GST we need to have registration in J&K sale tax which we don't have.
kindly advice how to raise invoice for installation without getting ourself registered in J&K.
what are the chances of applicability of DTC GST ,etc introduced from winter session ? from which attempt it becime enforceable in course of ca?
Sir Please Known me Gst/Cst/Tin registration Fess In Gujrat Vat Act.
Gst