This is regarding a Iron & Steel delear in Hyderabad, Andhra Pradesh.
All the dealers in Hyderabad are charging VAT on labour (Loading) charges & Transportation as follows.
Tax Invoice
1. MS Sheet 1000 Kgs @ 30.00 = 30,000.00
2. Hamali 30.00
3. Transportation 150.00
Sub Total 30,180.00
VAT @ 4% 1,207.20
Round off -0.20
Total 31,387.00
My query:
1. Can VAT be charged on hamali (loading & unloading of Goods)at the shop or godown?
2. Can VAT be charged on the transportation of the goods on a local vehicle?
Note: The charges are actuals as paid to the labourers & the Vehicle drivers/owners.
All the dealers are preparing the invoices in the same format. Could you please resolve the query with relevent rules for the VAT act.
Dear Sir,
This is Vinod KUmar, I want to know that we wish to continue our excise invoice serial numbers to be continue as our software controlls from russia.
Please tell me if this is possible and under which notification.
Can u let me know any of the source where i can work and get money while working 2 to 3 hours of a day..
Not looking for a Easy Money or huge money. Looking for a trustworthy source and a moderate amount thats it..
WE ARE A DEALER BASED IN DELHI. SINCE MOST OF PURCHASES ARE DONE WITHIN DELHI AND ALL OUR SALES ARE INTERSTATE, WE ALWAYS END UP SEEKING A REFUND OF INPUT VAT. I WISH TO BE CLARIFIED WHETHER WE MUST NECESSARILY PAY OUR CREDITORS WHO HAVE CHARGED VAT IN THEIR INVOICES BEFORE CLAIMING REFUND? SUCH A POSITION IF I AM NOT WRONG DOES EXIST IN RESPECT OF SERVICE TAX. AN IMMEDIATE OPIONION IS REQUESTED
I m a B.Com passed out (gold Medal) with 79% aggregate From Punjab University. Currently doing articleship under CA firm in Ludhiana.Going to attempt for PCC in Non 2009.My best interest issues are Subprime Crisis,Hedge Funds,Private Equity, M&A, Financial Analyst.I keep on updating myself on all big current economic issues india and abroad. I m lookin for a placement at some superior level. I will also complete my Ca. I hav done all kinds of Audits inc. bank,insurance etc. Can anybody help me for lookin for a brighter career.
Partnership firm Or Pvt. ltd co. will take Rupees in the form of Deposit Or sharafi money from the other individual or company without permission of rbi. In this case what is the maximum amount will taken or maximum from how much person take deposit or sarafi amount
tell me books author name of ca
final both group
yours faithfully
raman
dear members
i want to know that can we do any thing u/s 154 of IT Act after the judgement u/s 143 of IT ActIf any decesion of high court exist in this regard then pls provide the details.
thanks and regards
I want to know is there any change in the TDS rates with effect from 01-04-2009.
Thanks.
VAT on Loading charges & Transportation.