Form for vat return to builder

This query is : Resolved

CA SANDIP PATEL (Querist)
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24 October 2012 Thanks in Advance

My client is builder and developer, they have take VAT registration no.

Which form is Applicable to builder for VAT return filing?

CA Lokesh Pokharna

CA Lokesh Pokharna (Expert)
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24 October 2012 it depends on mvat act..

CA SANDIP PATEL

CA SANDIP PATEL (Querist)
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24 October 2012 means not specific form for BUilder

am i right?

CA Lokesh Pokharna

CA Lokesh Pokharna (Expert)
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24 October 2012 i don't think that different vat returns applicable for different class of taxpayers

CA SANDIP PATEL

CA SANDIP PATEL (Querist)
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24 October 2012 ok

thanks

Prakash Kochar

Prakash Kochar (Expert)
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25 October 2012 Form 233 to be used as prescribed in Mahavat Rules.

CA Amit Talada

CA Amit Talada (Expert)
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23 April 2013 can you tell me, how the purchases are to be shown in Form 233 as builders purchases includes land also. and he is option for payment @1% u/s 42(3A) then how should the purchases by shown as no deduction/set off is available in this case. thanks in advance.

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Prakash Kochar

Prakash Kochar (Expert)
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23 April 2013 Under Mah. VAT Act different types of forms are prescribed. Form 233 is to be used for dealers following composition method for payment of VAT.
Purchases of material is to be shown in return, if dealer has opted to pay tax @1% as developer and builder, he has to show purchases from RD,s not eligible for VAT, means no setoff is to be claimed on purchases effected from RD's of material and also other kind of purchases like URD, OMS are required to be shown in respective coloumns. Mob.9850350854.

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