VAT queries [33]

All Resolved Open

supriya

17 May 2017 at 09:28

Sale of fixed assets like vehicle

if we are listed company and we are oil manufacturer and we sold vehicle not in ordinary couse od bussiness which was a fixed assets for us but sale on loss so why vat would attact becouse there is no value addistion by us and on what amount vat would be charged on slae consideration? vehicle is vatable in our state, please reply

Sanjeev Agarwal

13 May 2017 at 13:08

Vat on goods imported

A consumer imports in India a Camera from an e commerce web site which is based in USA. The website in USA has arrangement with an Indian Company to act as a facilitator for clearing these goods from Custom, collect payment on behalf of the website and remit it to their bank in USA. Will VAT be charged if any ? If yes on whom consumer or facilitator or US website?

Rushabh

13 May 2017 at 12:25

Credit

I Sold Goods to unregisterd Dealer And I Have a ITC .

Shall i adjust my ITC against vat payable to unregisterd Dealer ??
Reply as early as possible

Nikunj

12 May 2017 at 22:05

cst credit available

I have deposited 200 for sale of goods at inter state . and purchase of goods at by paid cst of RS. 400.so may I set off the cst credit to pay RS 200. as a input VAT credit

Sagar Saste

10 May 2017 at 14:17

Cform

I have regular vat tin no holder.
year2016 to 2017 but I was purchased interstate purchase and my sale was within state.but i was not CST no.so I can obtain CFORM

VIJAY

10 May 2017 at 12:10

Should i charge vat or cst or both,if i sell to end customer

If i sell to end customer/consumer in other state, Should i charge Vat or CST or both.Please help me.

sumit basak

10 May 2017 at 10:14

Excess payment against output vat in qtr4

Sir
my client has been deposited Excess amount in vat where as the input vat is fully adjusted with output vat , now the payment become excess in 4th qtr of Vat return 2017 , how could i reimburse the excess payment.