VAT Articles

Haryana VAT on builders and developers

Posted by CA Ankit Gulgulia (Jain) 28 April 2015 22560 Views

Build up to the Case The Sales tax thrust on builders and developers gained drastic momentum post the recent rulings of Hon�ble Supreme Court in L&T Limited v. State of Karnataka (2013-TIOL-46-SC-CT-LB) (Larger bench) which in principle acc

VAT return- The most basic document under VAT- An analysis

Posted by Rajat Mohan 20 April 2015 38738 Views

VAT RETURN THE MOST BASIC DOCUMENT UNDER VAT An analysis with reference to Haryana VAT Law IntroductionA tax return is a form which is filed with a government body to declare liability for taxation. Return is required to be filled by the asse

Books of VAT accounts

Posted by Rajat Mohan 16 April 2015 40805 Views

Books of VAT Accounts --Sale book, Purchase Book, Tax Invoice, Retail Invoice, Challans many more to discuss1. Introduction:In general, terms books or books of account include ledgers, daybooks, cashbooks, account-books and other books, whethe

Best of Judgement and Principles of Natural justice

Posted by RENGARAJ R.K 10 April 2015 12261 Views

BEST OF JUDGEMENT AND PRINCIPLES OF NATURAL JUSTICE UNDER TNVAT Act, 2006INTRODUCTION:In the recent times, many writ petitions have been filed before the Honble Madras High Court seeking intervention of the High Court an

What's new in MVAT

Posted by CA Umesh Sharma 06 April 2015 23538 Views

Bottom of Form Karneeti Part 83Whats new in MVATArjuna (Fictional Character): Krishna, it is necessary to recall the new changes that have taken place in the MVAT laws from 1st April 2015.Krishna (Fictional Character): Arjuna, ss per the v

State VAT & CST on E-Commerce Transactions

Posted by Rakesh Garg 17 March 2015 37877 Views

A significant number of web sites, such as, Amazon.in, Flipkart.com, Snapdeal.com, eBay.in, etc., are engaged in E-Commerce (E-Com., in short) activities in India. The two major forms

Reversal of Input tax credit on account of mismatches

Posted by RENGARAJ R.K 09 March 2015 16943 Views

Input Tax Credit reversal on account of mismatches found in the Returns under Tamilnadu VAT Act, 2006.-rengaraj r.k, advocate, swamy associatesIntroduction: In the recent times, the Commercial Taxes Department has started issuing Notices and passing

Good news, High Court orders to grant MVAT refund as per return where Form 501 not filed

Posted by CA Umesh Sharma 09 March 2015 15429 Views

Karneeti Part 79Good news, High Court orders to grant MVAT refund as per return where Form 501 not filed.Arjuna (Fictional Character): Krishna, Good News!!! Mumbai High Court on 3rd March, 2015 has ordered to assess and grant MVAT refund on the basis

Simplifying Delhi VAT - Legal & procedural relaxations expected

Posted by CA Ankit Gulgulia (Jain) 24 February 2015 9016 Views

Simplifying Delhi Value Added Tax Legal & Procedural Relaxations Expected

Guide to grant of refund under MVAT act

Posted by gopal Santosh Darak 23 February 2015 10395 Views

Introduction: -After introduction of VAT, a large quantum of refund application have beenfilled. The Department under going transition due to which business processhave undergone many changes. As result, a num