Filling of return - maharashtra vat
This query is : Resolved
11 February 2014
Dear All,
One of my client is having registered office in mumbai, it has purchased maize(exmpt under maharashtra vat) from Andra Pradesh through through dealer in AP and sold the same in Andra Pradesh through to company registered in Maharashtra, now I want to ask that while filling the return under MVAT whether turnover of above sales will be included in total turnover? If Yes, than under which head I will reduce the same from gross turnover as it is a exempted goods?
One of my client is having registered office in mumbai, it has purchased maize(exmpt under maharashtra vat) from Andra Pradesh through through dealer in AP and sold the same in Andra Pradesh through to company registered in Maharashtra, now I want to ask that while filling the return under MVAT whether turnover of above sales will be included in total turnover? If Yes, than under which head I will reduce the same from gross turnover as it is a exempted goods?
11 February 2014
This purchase and sale are done outside Maharshatra state,and therefore-as it is also exempt from MVVAT Act-it can be declared in return as exempt.....mjk
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- ITR 2 Short Term gain & Long term gain
- Reporting Income under Section 44ADA
- Itr 1 processing
- Off Market debit and credit transaction
- ITR returnFY25-26
- Short Term Capital gain on shares bought and sold after 2018 onwards
- ITR validation error - Balance sheet is not filled
- ITR 1: Details for showing Exempt Income
- Bank Accounts in Balance Sheet for ITR 3
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
