MVat Query

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Rakesh Jain

insurance agent

62 Points Posted on 25 August 2008

One of my client provides maintainance/repairing of online leakage sealing. In which he uses his manufactured spare parts / materials purchased.
He bills differently for Spare Parts / Material & Labour charges/ Repairing.
1. On which amount service tax would be levied.
2. If on both the amounts, is there any abatement.
3. Can he claim input credit
4. under which head he should get registered

1. wat would be his maharashtra vat liability

sometimes it may happen that spares and labour charges are billed in one only

Replies (3)

ramdas

account manager

25 Points Posted on 09 September 2008

please let me know what is the rate of VAT on RAKSHA BANDHAN RAKHI hand made items

praveen

manager accounts

25 Points Posted on 23 February 2014

Can anybody tell me whether it is necessary to issue F form in case of purchase returns. We are the distributors for some electrical items and our purchases are against C forms. when we want to return the material to the supplier. whether it is necessary to issue F form whether there is anykind of amendment coming in.

thanks

Praveen

Arun Kumar

Auditor & Tax Practitioner

77 Points Posted on 16 February 2016

Dear Praveen

Actually Form F is used in the case of Branch Transfer (stock transfer to the branch), as your transaction was represented by Form C, it amounts to Purchases from the dealer and not stock transfer from the branch. So the question of Form F doesn't arise in your case.