Whether VAT is Applicable in Jammu & Kashmir or not.

We have raised a part bill no. XIV for Rs. 50 lakhs for works done in Kerala. Date of bill no. XIV is in Feb. 2008 and WCT is 4% then. CLient released 31 lakhs in March 2008 deducting 4% WCT at source. Balance 19 lakhs was released in April 2008, again deducting 4% WCT at source. Actual rate was revised by Govt.to 8% in April 2008. Now, in July 2009, CLient is preparing final bill, and says they are going to deduct WCT @ 8% on the entire 50 lakhs.

Are they correct in applying 8% on entire 5o lakhs? Or should it be applied only on 19 lakhs? Or should they deduct only4% for entire 50 lakhs? What is the correct date for determining applicable rate of WCT?

within maharashtra branch trf require which form?
if the assessee has not taken required form what r the consequences?
what should be problems?

I want to purchase a laptop when I went to dealer he charged VAT at the rate 4% on the MRP of the Laptop.
Suggest me .

Could any body tell me what is the treatment of Input Tax Credit for Capital Goods? Is there any amendment in this regard in the latest Budget?

Suppose ‘A’ in Mumbai (Maharashtra State) received Works Contract Order for Construction of a Building from Calcutta (West Bengal). The Site is at Calcutta (West Bengal). Both A and B are registered under VAT in respective States.

Question:- Which Tax will attract for “A”. Whether Interstate Works Contract or Works Contract Tax of West Bengal.??

pl tell me what this form no are and for what they are used form no 406 and form no 409 in VAT

what are the consequences if the vat/cst returns are filed delay

WE are filling retun for month of May 09. but cst 2% not paid for the month of may09 , can we have to file revised returnor not? can explain

One of the duties of dealer opting for composition schemes under theses rules is :
they shall not collect tax on their sales.(sub rule 3 of rule 138,139 and 140)

It means dealer registered under composition scheme can not collect VAT separately on sales and also can not show it on invoice.

Please confirm.