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Guest

Hi Experts

Definition of Sale price under VAT Act.
“sale price” means the amount of valuable consideration paid or
payable to a dealer or received or receivable by a dealer for any sale
of goods made including the amount of duties levied or leviable under
the Central Excise Tariff Act, 1985 or the Customs Act, 1962 and any
sum charged for anything done by the dealer in respect of the goods
at the time of or before delivery thereof...

Now Whether Transportation exp. for delivery of the goods (in relation to sale i.e. from seller to buyer) incurred by seller and charged in Invoice separately is to be inculded in SALE PRICE for the purpose of calculating VAT on it.?????

Help experts..

Thanks
Rohit


Sunill Kr. Yadav
18 November 2008 at 13:14

Its Applicability

Dear Sir/Madam,

Is CenVAT is applicable now? and in which States VAT is applicable of Indai now?


Kindly Brief in details regarding VAT and CENVAT.








Regards


poonam
18 November 2008 at 13:09

query relating to journal entry

if i have purchased a computer for rs.50000 and got one printer free with it what entry will be passed?


Yogesh Modi
18 November 2008 at 12:19

VAT on Book Binding

Vendor is a Stationery shopowner. He has charged VAT on Book Binding activity alongwith VAT on stationery items (pencil, etc). As far I know VAT is chargeable only on sales of goods but Book Binding is not a sale of good. Whether he is right in charging VAT on Book Binding? Please advice


harish babu
18 November 2008 at 11:55

book to be followed

hello everyone,
which book is to be followed for final auditing paper


Guest
18 November 2008 at 11:34

Professional Director

What is the meaning of professional Director?


Guest
18 November 2008 at 11:32

terminology

What is the meaning of “TO WHOM SO EVER IT MAY CONCERN”?


Guest
18 November 2008 at 11:28

Tax Audit u/s 44AB

In case of proprietorship firm turnover exceeds from Rs 40 lakhs but Agriculture Income of the asesse is Rs 5 Lakh So,whether it is mandatory for the assesee to file the ROI with the Tax audit Report u/s 44AB?(Because Agriculture Income is not a taxable Income)


Guest
18 November 2008 at 11:27

Tax Audit u/s 44AB

In case of newly established proprietorship firm turnover exceeds from Rs 40 lakhs but Income of the asesse is less than the basic exemption limit So,whether it is mandatory for the assesee to file the ROI with the Tax audit Report u/s 44AB?


Prasanna Bhat
18 November 2008 at 11:02

E-Tds Revised Return

Sir,

For Q4 of last financial year 2007-08 we had filed non salary e-tds returns but later we had booked the bill on 31st march 08 and later made the payment in June 08. Is it possible to make the revise returns now and also in the output column of Form 27A should we need to insert new for the party record or can we add the amount pls let me know






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