If a dealer has undertaken a Works Contract for which he has purchased material on which he has paid MVAT. can he claim this MVAT on purchases as Input Tax Credit against the Output VAT on WCT invoice? If yes, is partial or full set off available? If no, can it be adjusted against sales without WCT billing? If yes, partially or fully?

In the case of late payment of vat. We should pay both penalty & interest.

Is mistakes in monthly returns can be resolved in Annual return?

Hi experts ,
Today i have made CST Payment For the Month Of March 2016 But after confirming the Payment From Net banking it showed an error.I checked the Bank account & amount has been deducted but after login Dvat site challan not generated .What is The Problem. Plz guide me ASAP

I have a dealer who has taken registration under MVAT after 25th May 2016.He has taken VAT registration through an Advocate who has put his email Id as the registered email Id.and that consultant is not sharing any details with the client.
In the recent scenario,if u have taken registration after 25th may,2016 then u have to send email to resetpassword@mahavat.gov.in from your registered email Id mentioning all the details,in this case i don't have registered email Id and help desk persons are saying that we can send password only on registered email only.
Please tell me the solution for the above?

Dealer had been registered in old VAT System, though it has to file WCT TDS Return for the period FY 2016-17 & FY 2017-18 , the WCT Tds payment is well on time , is there WCT Return uploading facility available for this dealer,Please guide regarding the above issue. Thanks in advance....

Dear sir,
can vat paid on fixed assets be available for credit.
If so, are they required to be in included in Vat return And How??

Hi Experts,
I am having a Delhi Based Pharma Trading Company as my Client,the Company is having C&F in different states.
Stock transfer against form F has been shown in Company VAT return under CST Sales and included in total sales.
Please suggest that is the Treatment of Stock Transfer Correct and to be included in total sales.
While preparing balance sheet how to deal with the issue.

Hello frnds.

Please let me know, is there any ratio is required to check before filing VAT return with regard to purchases and sales.

Eg: Purchases 1,00,000
Sales 2,00,000
% of purchases over sales 50%

Is this computation is required ??

my clinet is selling recharge voucher of various co his turnover exceed 10 lac how we calculate turnover entire recharge amount or % which he receive under which act he has to register service or vat would it make difference that he recharge online or mobile or offline ie through voucher