Im a Book-keeper working with a small builder constructing residential flats.
We have regd with Sales Tax Dept as annual Dealer.
We have purchased buliding materials like steel,cement,readymade concrete etc from LOcal Regd Dealers.
We have also purchased sand,brick from unregistered dealers.
We have not made any sale of flat during F.Y.2014-15.
Now in April 2015 we want to file Annual returns.
What form shud we use to file annual returns.
1.Shud we include purchase from unregd dealers also in our purchase turnover
2.Shud we pay any tax on purchase turnover and how shud we compute our tax liability
3.Can we claim input vat paid on our purchase
can anyone throw light on this subject
CAclubindia
