turnover of purchase
This query is : Resolved
pravin anantwar
(Querist)
16 April 2010
sir, my client gets tender of excavtion of sand from river for specific period. he has paid royalty for the same. my question is what is turnover of purchase and where it should be appear in return.
CA Umesh Sharma
(Expert)
19 April 2010
Dear please mention the State, to answer ur query.
pravin anantwar
(Querist)
24 April 2010
maharashtra
CA Umesh Sharma
(Expert)
27 April 2010
Dear,
Dealer is paying royalty towards uplifting the sand from the river. Its a cost of purchase for the dealer and royalty to the GOVT. Hence u can show the complete payment of royalty as cost of purchases from the URD dealer in MVAT return, as such TIN no of the Purchaser will not be available, naturally.
Dealer is paying royalty towards uplifting the sand from the river. Its a cost of purchase for the dealer and royalty to the GOVT. Hence u can show the complete payment of royalty as cost of purchases from the URD dealer in MVAT return, as such TIN no of the Purchaser will not be available, naturally.
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
- Nursery business
- Tax on Amount transferred in HUF Account
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- TDS on Dashcam rent and allied services
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Section 269ST applicability for capital introduced by partner to his partnership firm
- ETDS return q4 25-26
- Intimation under section 245
- HOW TO ADJUST CREDIT NOTE AMOUNT ?
- Import Order Cancelled.
- Working on Gold wastage during Melting of old gold jewellery
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
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
