VAT Articles


Try to build a "Financial Gudhi" of Maharashtra in this budget!

  CA Umesh Sharmapro badge    15 March 2018 at 10:49

Arjuna (Fictional Character): Krishna, festival of Gudhi Padwa is coming soon. It is a start of New Year. So this year, will the Gudhi which will increase the p..



Understanding UAE Business & Trade world under VAT

  Varsha singh    29 January 2018 at 11:15

Forms of Business Enterprise Permitted In UAE Types of business entities There are mainly three types of business entities permitted by law in the UAE and they ..



Key Features of VAT in UAE

  Varsha singh    25 January 2018 at 11:17

UAE is one of the Member States of the GCC. All GCC Countries have agreed to implement the VAT latest w.e.f. 01.01.2019 and in that direction, have already pass..



In the rush of GST, take care of MVAT audit

  CA Umesh Sharmapro badge    18 December 2017 at 10:48

Arjuna (Fictional Character): Krishna, GST has been applicable from 1st July but Sales tax department has issued noti



How to do VAT impact Assessment - UAE VAT

  Ashish Chaudhary    23 September 2017 at 13:33

UAE is going to implement VAT w.e.f. 1st January 2018. The country has never witnessed any tax regulations in the past and therefore introduction of VAT is going to significantly change the way business is done.



Fly the Patang of VAT Audit before 9th February 2017

  CA Umesh Sharmapro badge    19 January 2017 at 11:26

Arjuna (Fictional Character): Krishna, Sankrant festival brings the atmosphere of enthusiasm. Everyone is involved in flying kites and all ladies are busy in th..



Ease given to filing old Mvat returns

  CA Umesh Sharmapro badge    10 January 2017 at 10:43

Arjuna (Fictional Character): Krishna, the festival of Makar Sankranti has arrived. Small children are in rush and excited to fly kites. Even government is tryi..



Odisha VAT Provisions - A study for construction and real estate sector

  CA.TARUN K AGARWALLA    26 December 2016 at 11:05

In this article we will discuss the provisions of Odisha VAT act applicable to works contract including real estate sector.



Maintenance of Books of Accounts and their Worship on the eve of Diwali

  CA Umesh Sharmapro badge    21 October 2016 at 12:51

Arjuna(Fictional Character): Krishna, the festival of Diwali has arrived. Housewives (Gruhlaxmi) are busy in cleaning and decorating homes. Businessmen are al..



No change in MVAT rates of commodities

  Rinav Ashok Khakhar    19 September 2016 at 11:04

(EXCEPT the below commodities the MVAT Rate has changed from 5.5 % to 6% and from 12.5% to 13.5% w.e.f. 17th September 2016.)