RESPECTED SIR,

PL GUIDE ME THAT, WE HAD UNRESISTERED DEALER. RECENTLY WE HAVE TAKEN THE VAT NUMBER. SO, CAN WE TAKE THE SET-OFF ON STOCK (STOCK VALUE) AVAIBILE WITH US.

THANKING YOU
YOURS SINCERELY,

V S KONKATI.

Hi, Dear all
can any one share his knowladgein respect of following matter

My clints is a private ltd co Ho at Nagpur and open a new branch at nasik during 2005-06 and trasfer plant & achinery on excise Invoice without vat as branch trasfer and also sale certain raw material and final product on tax invoices imposing vat, Vat is imposed because branch again sold that material to to HO'S Pre determined buyer AT NASIK
( new branch has taken separate excise ,service tax and vat no ) because there is judgement of SC that if buyer is pre determined then trasfer to branch is treated as sale.

Now Sales tax Officer audit has dis allowed that Vat saying that trasfer to branch is not sale and therefor there is no question of imposing vat on such trasfer
is ther is any case law similar to this Case in VAT (there are no of case laws in cst) but the officer demanding Vat or BSt case law

what is CST rate For F.Y. 2009-10 ? there is any change?

Dear Sir,
In the Budget Speech today, no announcement has been made regarding the change in the Central Sales Tax rate (i.e. reduction from 2% to 1%).
Please clarify.
Regards
S. Anand

which items applicable set off for manufacturing company, means which expenses take for set off

Friends,

Whether VAT input credit can be availed and utilised in the following scenario ?

1 The company's Finished Product is exempted from VAT.
2 It pays VAT at the time of purchasing Raw Materials etc.
3 Scrap is generated during manufacture of Finished Product and the same is sold. VAT is collected and paid during such sales.
4 Can the company avail input credit on purchase of Raw Materials etc. and then utilise the same against VAT liability arising on account of sale of scrap?
5 Is there any provision for claiming input refund of VAT paid on purchase of inputs(ie Raw Materials etc.).

What is the rate of Reduction under rule 53 of the MVAT ... ? Is it 3% or 2% for the financial year 2008-09? Please qoute the relevant notification No. for refernce...

Dear All,

I would like to know the Precentage for interstate sales


Regards,
hemanth

SIR,
WHAT IS THE DIFFERENCE BETWEEN TAX INVOICE & RETAIL INVOICE ?

Input tax is taken correctly but the value of Purchases is taken less from June'2008 to Apr'2009.

How to solve the above mistake and what are the Forms to be filed with Coomercial Tax Dept.