banner_ad

Vat & service tax

This query is : Resolved 
Profile Image

Profile Image

(Querist)
08 January 2012 Dear Friends,

I required the expert opinion in respect of the following.

We are providing the service of the Interior Decorator. We also provide the material along with the services. We are doing the business in Gujarat & Rajasthan. My queries are:

1)Which turnover will be applicable for the tax audit whether 15 Lacs or 60 Lacs.

2)Vat is applicable on the materials which we provide in some cases. We are doing most of our business in the Gujarat. However, sometimes we provide the service in the Rajasthan also. In such case we provide the material which we purchase from the Rajastjan. How shoud I have to treat such transaction for VAT purpose. Pleas provide any suitabl way to simplify the VAT procedure.

Thanks
Profile Image

Ravindra Srinivasa

Profile Image

Ravindra Srinivasa (Expert)
09 January 2012 1. Turnover for tax audit purpose is Rs.60 Lacs

2. VAT is a state subject and is being audited and assessed by each state differently. A dealer has to comply with the VAT rules and regulation of each state separately where ever he is doing business.

For income tax purpose, a consolidated result will be taken.
Profile Image

Ravindra Srinivasa

Profile Image

Ravindra Srinivasa (Expert)
09 January 2012 1. Turnover for tax audit purpose is Rs.60 Lacs

2. VAT is a state subject and is being audited and assessed by each state differently. A dealer has to comply with the VAT rules and regulation of each state separately where ever he is doing business.

For income tax purpose, a consolidated result will be taken.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details