dealer who registered under KVAT Act,2003 and renders exempted service.
The issue is under consideration that the VAT element on such purchase taken it as ITC available instead of transferring to the P&L account and such availed ITC carried on month to month by showing in VAT 100 never been utilized since the dealer end up with exempted service. Now dealer has transferred the said amount to the P&L account on our occurrence.
Now the Dpt people have created the demand to the extent of same amount which was availed but not utilized.
please quote some relevant case laws for above transaction if available or any other kind of information which have impact on said transaction.
I have a query regarding payment of Professional Tax i.e., if a taxpayer has different nature of business in the same state then he has to pay PT for all the different business is carrying or a Single Registration is sufficient. Please clarify and thanks
During MVAT audit for FY 2013-14, the sales of Mr. X was reported against MVAT Tin of some others MVAT Tin number. Now Mr X has received the notice and asking to rectify the same.
How to rectify this error? How to show sales of Mr X against correct Tin Number as the same was reported against incorrect MVAT Tin number?
Thanks & Regards,
i am cst 2% purchase on before 2015, but still date am not download c form, customer asking recently please give the c form, but tnvat old site is closed, I am check the notification for tnvat than "C and F forms generation - C Forms generation and backlog forms" then how to generate c form currently.
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