Unregistered dealer from out of state

WHEN YOU BUY GOODS FROM AN UNREGISTERED DEALER, YOU CANNOT CLAIM THE INPUT VAT WHILE COMPUTING YOU VAT LIABILITY.

REGARDS,

DEVENDRA

Originally posted by : Devendra
	WHEN YOU BUY GOODS FROM AN UNREGISTERED DEALER, YOU CANNOT CLAIM THE INPUT VAT WHILE COMPUTING YOU VAT LIABILITY. BUT WHAT SOOULD B THE COST FRO ME WHEN I MAKE SUCH PURCHASES ...  REGARDS, DEVENDRA

In my opinion the only difference will be u will not be issuing Form C (provided u r registered). No CST will be payable by you, as the dealer is not registered.. Also as far as I know u will not be required to pay CST from your own pocket also..

HMM AND WHAT IF I PURCHASE GOODS FROM A REGISTERED DEALER OUT OF STATE ..... I WILL ONLY HAVE TO PAY CST PROVIDED HE GIVES ME A C FORM .. IF HE FAILS TO GIVE ME A C FORM THEN I WILL HAVE TO PAY VAT AT LOCAL RATES .. AND I WONT B ABLE TO CLAIM SUCH CREDIT ALSO RIGHT ?

Dear Sydlima If you purchase goods from unregistered dealer then you cant take VAT Input claim. that doesnt matter dealer is in state or out of state If dealer is out of state then you can also not claim of Tax paid on purchase whether dealer is registered or not. if dealer is not registered then you can not purchase good against form C (on lower tax rate @ 2%) Regards CS Nitin Grover +91-9582009494 +91-9015182024 Email : nitinsgrover @ gmail.com

How can i confirm the registration of an individual supplier. what documents should i demand from him to know for a particular date invoice..

Plz suggest

 

Dear Sir

TIN / CST Number is written on Tax Invoice of that Prop. / Comapny.

You can ask for Certificate from VAT Authority but generally no body ask for this and prop might be denied to show it to you.

 

Regards

Dear Grover Sr 

This is the main problem faced by me as the TIN no. is found to be invalid when i checked it on the below link and still the supplier says that the no. is valid. So what can be done to avoid that vat liability as the company is a construction co. which have no sales vat for set off. so its better for the company if that vat can be waived off. but can be done further to avoid vat amount from such dealers??

Plz suggest with example if any

Dear Sir

ask for the certificate copy and also you can check this from VAT Department.

and Sir this dealer is out of state then you can not take claim of INPUT VAT.

you can give only form C for lower rate of Tax

 

 

Regards

Originally posted by : ASHUSH AGARWAL
	Dear Grover Sr  This is the main problem faced by me as the TIN no. is found to be invalid when i checked it on the below link and still the supplier says that the no. is valid. So what can be done to avoid that vat liability as the company is a construction co. which have no sales vat for set off. so its better for the company if that vat can be waived off. but can be done further to avoid vat amount from such dealers?? Plz suggest with example if any

under this case u can ask for return copy of specific period  filed by the party to show and chek whether your bill amount is mentioned there.

Dear Friend

Before it if he is not registred he cant charge tax on transacation. No matter of TAx,C form and all.

If you are buying goods from outside the state you wont get the c form from your sales tax dept. bcz the dealer is not registered in his state so he not having the Tin .