Vat return and tax

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Gagan Gupta (Querist)
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05 September 2016 Sir,

Recently my company open two new branch one within Uttar Pradesh and other out of UP but my head office in UP Lucknow city.

Q-1 How to file UPVAT monthly return of all three branches (consolidated or separately) ?

Q-2 When Goods transfer out of UP state branch we need CST Form-F but road permit form-38 require or not and what % of tax charge, while input tax credit not allow for Ex-UP goods transfer.

Q-3 When goods transfer within UP state with goods transfer memo or Challan or Invoice raise or not output VAT Tax will charge or not? please clear

ACA Anurag

ACA Anurag (Expert)
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05 September 2016 Dear Gagan, You have to file a single return for all your branches.. As branch detail comes in return format secondary u need the form 38. For more detail u need to take our professional services Hope your query is resolved

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Gagan Gupta

Gagan Gupta (Querist)
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06 September 2016 Sir

What about Ex-UP branches its vat rates different to UP vat class.

ACA Anurag

ACA Anurag (Expert)
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06 September 2016 Dear Gagan, Ofcourse it will differ as concept of CST comes in picture. also now GST is about to come so all this issue will be finished for detailed knowledge u need to take our professional services

MJ Krishnamurthy

MJ Krishnamurthy (Expert)
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06 September 2016 Mr Gagan ,: You have to file return under UP VAT Act for the two branches within UP only. For the branch outside UP a return as per that state has to be filed. FormUP VAT 38 has to be used to send goods on stock transfer to the branch outside UP.You have to receive an F form for the stock transfers.The input credit available will be the tax paid on purchases above 2%. Transferring of goods on stock transfer within UP can be done by using delivery challans and Form-38......mjk

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