Our Company is Importer of Electronic Goods and we use imported goods for Resale in Delhi and whole India.

Is it any provision under DVAT for not to charge VAT on Local Invoice as well as payment of VAT while we resale in Delhi.

In our Central Sales Registration Certificate it is mentioned that "We purchase the Electronic Goods for Resale purpose only."

If the VAT is not chargable/Payable please provide the Section No. also.

we are manufactura exporter
we need to send some sample of the product to the domestic party
wht procedure we have to follow to send the samples
have we to pay the excise duty and cst
or these samples can be send free of cost or on which paper these samples can be send

kindly advice

Dear All,
Good Day,
We file monthly Vat Return in Delhi. Vat Turnover during the current month is in negative figures due to excess goods return received from customer which was sold in previous month. When we file on line vat Return the negative sales figures does not accept by the one line form.

Please advice how can it will be file.

Regards
Saran

We sold 90 qty to party but during the transit 74 qty were damaged and thus party returned the same and accepted balance 16 qty. We also made invoice for 16 qty only. Later on we filed the claim with insurance company for damaged 74 qty and the claim was passed for 90% and we received the cheque also.
In such case how the accounting entries are passed for each transaction.

Thanks in advance

Dear friends,

tell me one thing only, how to i become an expert in income Tax field.

suggest me.

Our Company provides mobile phone facility to all the employees.All the mobile facility were in the name of Company.Can our company take input credit of these mobile phone bills?if yes give remarks and if no reason for not taken input credit.

Thanks.

Gireesh Hegde

can u just tell me that what is the minimum amount of Fabrication income on which TDS is detucted and from what rate?

dear experts

i am working in chennai from past 15 months.my parmanent place is Ajmer in rajasthan.i do not want to chande my PAN Data and wish to file e return from my Ajmer Address.

is it mandatory to got deptt. Stamp on E Return?
if yes what is Time Limit to get Stamp.
since i m in Chennai can i send my ITR by post to Ajmer Commissionerate or Alternatively got stamp from Chennai Commissionerate.
pls advice

ABC HUF IS OWNING JEWELLARY WORTH rS 50 LACS. iT IS PAYING WEALTH TAX ALSO. jUST TO REDUCE ITS WEALTH TAX LIABILITY IT WANTS TO GIFT A PART OF WEALTH TO SOME OF ITS MEMBERS. CAN IT DO SO. iF YEAS THEN WHAT WILL BE TAX IMPLICATION. tHE KARTA OF THE huf HAS EXPIRED AND HIS ELDER SON IS KARTA OF THE huf NOW.

Dear Experts,
In the month of April-2009 we have made an invoice for a certain article Rs.100 insted of Rs. 75. Duty and Taxes are calculated on Rs. 100 and already paid to the department.
But now only we came to know our mistake. Then how we will recover excess duty which we already paid to the department.
Thanks and regards,
R.Dutta