what is defination of Capital goods. what are conditional for availing vat crdit on capital goods. on consumables which are used in factory on which VAT crdit is avialble or not.
Answer nowDear experts,
If a company ABC Ltd sells a Vehicle (their Fixed Asset), will VAT be applicable on that sale? Please explain me in this regard.Will the Sale be treated as a sale of scrap?
Thanking you,
Vyshak
whether person taking contract of welding works covered by VAT and have to pay VAT on contract amount by considering sales. If yes then what %age will apply for the same? whether same is covered under Service tax also
Answer nowwe are supplier of Agricultural shade net hdpe direct to farmer, we dont know that it is tax free or not, so we want to know is this taxable item if yes then how much percent tax is applicable for retail invoce and tax invoice?
Answer nowneed artitle on current VAT & CST act applicable
Thanks
Ashok
What will be the VAT rate for plastic container which is used for industrial purpose and plastic toys???
Answer nowI wish to know how to avoid or pay less towards penalty for not registering for 7 years and get registered or is there any other way out
thanks
in wihch state(s) Entry Tax is applicable and in others NOT, why? i.e. there is entry tax not applicable and / or Court held un-constitutional.
Answer nowDear Experts,
presently i am registered in vat,karnataka and also my sister concern registered in COT.
Please any one tell the last date for filling the vat annual return in both the situation.
One of the activity (demerger) of business is demereged into another business including manufacturing units / other assets. Whether VAt is payable upon execution of this transaction on the trading stocks in Maharashtra
Answer now
basic condition for elifibility of vat credit