charegebility of vat on warranty
This query is : Resolved
19 June 2008
Respected sir/mam,
In case of warranty of fourwheeler,when amount is recovered from manufacturer instead of customer,then while doing entry in acoounts at the time of service
would vat would be charegeble if manufacturer is situated outside state
& customer is within state
In case of warranty of fourwheeler,when amount is recovered from manufacturer instead of customer,then while doing entry in acoounts at the time of service
would vat would be charegeble if manufacturer is situated outside state
& customer is within state
22 September 2008
If a dealer provides free services to local customers on behalf of Manufacturer, then the amount recovered by him from the manufacturer will be the basis of calculating sale turnover and such taxable turnover will attract VAT (Not CST).
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Sale of property furniture sale
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Tds on building rent monthly
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
Trending Online Classes
CAclubindia
