Vat accounting in karnataka
This query is : Resolved
16 August 2011
Hi All
I have dealer ship Business, i registered Frozen Food Dealers under vat.
I purchase frozen foods including vat.
i sale including vat bill.
so, I would like to prepare return and pay it as per bills or not.
please conform me.it's urgent
I have dealer ship Business, i registered Frozen Food Dealers under vat.
I purchase frozen foods including vat.
i sale including vat bill.
so, I would like to prepare return and pay it as per bills or not.
please conform me.it's urgent
21 August 2011
Miss Shashikala,
It is very simple.you declare the sales as turnover and the vat collected as output tax .The purchases made and the tax paid on them are to be shown as input tax.The difference between the output and the input is to be paid to the department.
MJK
It is very simple.you declare the sales as turnover and the vat collected as output tax .The purchases made and the tax paid on them are to be shown as input tax.The difference between the output and the input is to be paid to the department.
MJK
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
- Price inclusive or exclusive of GST while made entry in P& L Account
- TDS Challan - change of FY 2025-26 to TY 2026-27
- Tds on commission charges
- Dep. as per companies act
- Minimum tax payable to file Updated return
- Applicability of GST on Salary Reimbursement Component
- CHECK RELATED
- New GST registration for new place of business.
- Salary from Qatar in Dollars in India
- GST ISSUE OF INPUT AND OUTPUT GST
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- Regime change
- Tax Audit u/s 44AB for Transport Business A proprietorship is engaged in transportation business and
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
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
Quick Links
Featured
12 September 2026
Assistant Manager - Finance & Compliance
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
View Details
08 September 2026
Semi-Qualified Assitant
Subrahmanyam & Sivudu CA Firm
Hyderabad
CA Inter
View Details
ARTICLESHIP
30 September 2026
CA Article Assistant
CA Suraj Garg & Associates
New Delhi
CA Final
View Details
ARTICLESHIP
15 September 2026
Freelance Taxation Content Writer Intern
Interactive Media Pvt Ltd.
New Delhi
CA Inter
View Details
CCI
Pro
CAclubindia
