Whether any vat/CST will be paid on mobile phone not surrendered by Employee due to which certain recovery is made from Employees.

Plz any body tell me what is VAT Rate for Following Items

1 - Noodles
2 - Sevai
3 - Soup Powder
4 - Potato Chips [ Un Cooked ]
Maharashtra State

Hi,

One of my clients is the wholesaler of silver coins.They follow the following process.

· Buy Raw silver
· Manufacture silver coins
· Get special box prepared with special effect of printing

Cost of Special box is more than the value of silver coin.

If they sell only silver coin they will self for 200 Rs but they sell with box they sell for 450 Rs. When they sell the silver coin with box should they charge VAT @1%?

I have received a notice for an appeal/review filed by me against the Assessment Order for the year 1980-81 passed by AA/Ward ____and has requested me to appear before him tomorrow. I do not remember anything about such appeal/review filed by me. The firm surrendered its certificate on July'2001.
The notice mentions Ex-parte judgement on default of non- appearance

Notice is dated 17/09/2009 and served on 23/09/09 for hearing before JC on 24/09/09.

Is the notice legally valid even after 30 years.

What can I do?

Dear Sirs,

Can Cement,steel & Febrication Business Owner will take Lumpsum VAT System or they must have to take Regular VAT System ?

Pls give me any GOVT File or Link


Thanks in Advance

WHAT IS THE DUE DATE FOR VAT AUDIT FOR THE PERIOD 01-04-2008 TO 31-03-2009

I have a querry regarding MVAT.
A Company is engaged in Trading Gold and related items i.e. purchase and sale of gold but not in manufacturing or manufacturing related activities.

My querry is can they take VAT setoff paid on expenses like Printing & Stationery, Repairs & Maintainance, etc.

Also can they claim setoff on Capital goods purchased or they have to add the vat amount to the cost of asset and claim depreciation.

Hope you reply at the earliest.

Suppose Composition Dealer ka Aggrement 100000.00 ka Hai

Sale 100000.00
TDS 2.266% - 2266.00 Claimed in I.Tax
VAT 1.50% - 1500.00 Shown in VAT Return
Labour Cess - 2000.00 Kis Ledger ma Jayga

Balane Recd. 94234.00

Trading Ma Jab Sale Ke Entry Book Karte Hai Tab VAT (Under Duties & Taxes Group) Ki Liabilities Khade Kar Deta Hai and Isko Input VAT ka against adjuste karne ka bad Balance Ko Deposite Kar Deta hai.

Is Case VAT Ka Treatment Kya Hoga, Kyoki Sale Ke Entry Ka Time Par VAT to Khada Nahi Hua, Balki Jo VAT Bana tha vah to Kat kar payment Mile Hai.

Also Labour Cess Ko Kis Ledger Head Mai Entry Karange.

VAT Ka jo Certificate Melage Uska Kya Benifit Lenga.

Is there any revised return provision in the act.

Can i file a revised vat return, if i found some mistake in the original return

We are into software development ERP & customised software and charging service tax.

Is VAT applicable in addition to Service tax.if so please give the notification or judgement copy.

Bala