17 July 2014
Dear all, Here is the dealer who got his Tin No. in May - 2014, He made only 1 purchase for Rs:- 5000 on which he didn't pay Vat & SAT, when he made a sale for Rs:- 15000 he collected Vat & SAT both with the gross amount, in this situation what would he should do while filling Vat return in UP..Will he have to pay Vat which was collected on sale & should he submit his purchase details in Annexure A while filling Vat..kindly motivate me......its already late....
On 15000 Purchase he didn't pay tax as a VAT & SAT. but when he made sale for 12000 he collected VAT & SAT (Rs:-900) extra.. its means he is liable to pay tax for Rs:- 900.
19 July 2014
Mohit....In which Annexure should I show purchase details in Annexure A, or Annexure A2 in UP Vat & should it be recorded in unregistered dealer coloum in VAT NON VAT Sheet.
06 August 2014
he is liable to pay sales tax on output, also he is liable to pay purchases tax on purchases made by him, if the same is purchased from URD and the same is VATABLE.
CAclubindia
