sale in DVAT-31

11969 views 13 replies

abid

accountant

169 Points Joined August 2007

HI, Friends and Gentlemen cen u tell me if

we made a sale for Rs. 1,00,000

frieght 500

tax 4000

Total 1,04,500

The client paid Rs.1,04,500 The freight we paid client reimbursied us. therefore freight is neither our exp. nor our income.

how we show this bill in FORM D VAT-31 because there are three colums for a type of sale one for sale price(excluding tax) second for tax and third for total..whether in sale price coloum the sale will include freight or not

Thanks & Regards

Abid husain

Replies (13)

CA. O.P. Agarwalla

C.A.

2916 Points Joined November 2007

In your case, freight is out of the value of sales price. Pl. refer definition of sales pice in DVAT Act. Accodingly- your sale price will be Rs. 100000/- only. Hence, You will show Rs. 100000/- as sales price, Rs. 4000/- as Tax (if tax rate is 4%) and Rs. 104000/- as total. Thanks

Guest

452405 Points Joined August 2012

i imported flyback transformer from china for sale in local market

can i get somee tax banefits for custom duty i paid on goods

and what is rate of vat for sale in delhi

Nitin Grover

1228 Points Joined February 2009

hello frnds

how i can dowload FORM DVAT 31 in Excel format

pls reply ASAP on nitinsgrover @ gmail.com

thanks

Nitin Grover

1228 Points Joined February 2009

Originally posted by :abid
"	HI, Friends and Gentlemen cen u tell me if we made a sale for Rs. 1,00,000 frieght 500 tax 4000 Total 1,04,500 The client paid Rs.1,04,500 The freight we paid client reimbursied us. therefore freight is neither our exp. nor our income. how we show this bill in FORM D VAT-31 because there are three colums for a type of sale one for sale price(excluding tax) second for tax and third for total..whether in sale price coloum the sale will include freight or not Thanks & Regards Abid husain	"