GST queries [2295]

All Resolved Open

ABDUL VAJEED

12 January 2012 at 23:19

Gst

After gst comes wil whole concept of vat go out ?

VINITA

09 January 2012 at 19:28

Applicability of gst .

Sir ,
can GST be applicable in CA Final Nov.2012 attempt ?

bharat goyal

06 December 2011 at 23:15

Gst

is it true that service tax and vat is been replaced by GST ..........

Anonymous

13 November 2011 at 12:40

Applicability of gst

when will GST Applicxable?
i want to read all artcles on it?
is there any site or books available?

Anonymous

08 November 2011 at 18:55

Regstration requirement

please let me know if a person dealing exclusively in exempt goods is required to go for VAT registration.

anckoora

15 October 2011 at 09:51

Credit of service tax agst. excise on sales

Dear Sir,

We Purchase Gold Studded Ornaments outright from a jewellery manufacturer. This manufacturer will use all his material to make jewellery for us. He will sell it to us under his invoice with VAT. Then we do branding of our Brand on these jewellery & then sell it in the market. Our turnover (from 1.4.11 to till today) is 1.44 Crores nett, i.e. excluding VAT/CST. We have already obtained Excise Regn (as Manufacturer). After crossing 1.50 crores, we will start charging excise duty (1% on branded jewellery) in our invoice to our customers.
While purchasing, our supplier is a pure simple jewellery manufacturer. So he doesn't charge excise on his invoice to us. Thus to avail CENVAT credit, we have no such purchases with excise. However, can we take credit of Service Tax paid on following :- (a) Monthly Marketing Consultancy Fee (b) Monthly Legal & Professional Fees (c) Monthly Advertising ( in newspaper,TV etc) Bills (d) Monthly telephone bills. IF YES, CAN WE ADJUST THIS AMOUNT AGAINST EXCISE DUTY PAYABLE ?
IF YES, UNDER WHICH RULE / NOTI. PLEASE GUIDE. Because on all above four services, we pay service tax of about 75000/- every month. If we can get this credit, then it will be good for us.
regards
anckoora