Purchase fixed asset from unregister delar of out of state

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

13 July 2012 Dear sir/madam

please resolve my query i working in mfg orgn. & we purchase a fixed assets from out side state & supplier not have any sales tax (Vat/cst) registeration.
in this case any libility bear by my company in future or at the time of audit

& in that case who is liable for payment of Tax if any.

Purchasing State Daman & Sale State Gujrat

Regards

Deepak gagrani

RENGARAJ R.K

RENGARAJ R.K (Expert)
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13 July 2012 Any outside state purchase is not liable to be taxed in the receiving state. There is no restriction for the dealer to buy capital goods/fixed assets from other state whether he is registered or not. If such fixed assets are sold in future, VAT will have to be paid by the company.

If the material is received within the state from URD (unregistered) supplier, then purchase tax is liable to be paid.

Whenever query is raised, please mention the state of purchase and your state for making correct reply.

Querist : Anonymous

Querist : Anonymous (Querist)

16 July 2012 Purchasing state Daman (UT) & saler state Gujart

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Querist : Anonymous

Querist : Anonymous (Querist)

17 July 2012 Dear sir / madam
how to take new registration of Service tax as per new budget 2012 - 2013

if we have a registration of Service tax. as per new budget any amendment required in existing registration

please help in the matter

thanks

RENGARAJ R.K

RENGARAJ R.K (Expert)
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17 July 2012 If you are already having RC under Service tax, there is no need to go for new registration. But under reverse charge mechanism, if you fall under any category of service provider/service receiver, then you have to add such additional services in the main RC. You have to use separate challan for making payment of such services, for e.g GTA.

Go to aces.gov.in for applying new RC or for amendment in the RC.