This Query has 1 replies
dear sir,
Please give me the detail of uttarakhand vat and all regiter for use in uttarakhadn vat mentaion .
This Query has 1 replies
dear sir,
I just learned from my business colleague that CST has become 1 % w.e.f.1.6.2009.
is it so ? seek your confirmation.
thanks in advance
anckoora.
This Query has 1 replies
Seller gives invoice to party in this form:
Sale of 100Kg goods @ 20 = 2000
VAT @12.5% = 250
Total = 2250
But actual receipt to Buyer is 95 Kg of goods. So which of following entries Buyer shd pass entry for this:
a)Purchase 2000
Vat Input 250
To Seller 2250 &
Seller A/c Dr 112
To Dis Recd 112
(in this case VAT credit is taken for full)
or
b) Purchase A/c Dr 1900 (95*20)
VAT Input A/c Dr 237
To Seller A/c 2137
(Here VAT input has been taken proportionately)
So which of A or B will be correct method?
This Query has 1 replies
Whether CST is applicable for annual maintanance contract
This Query has 2 replies
If an inter state purchase is made & CST is paid on it.
Subsequently purchaser sells that product intra (within) state, VAT will be applicable.
So whether deduction of CST will be available to that purchaser.
This Query has 3 replies
Dear Experts,
I have a query regarding goods sold by an unregistered dealer from one state to another state. The Unregistered dealer is situated in gujarat and making sales to a manufacturer in maharashtra. The goods sold are Raw Synthetic Fiber. Now upto what limit (in value) can the seller continue selling in this way. Is there any tax implication on the buyer of the goods i.e. to pay any purchase tax. Can the Buyer make payment through bank to the seller. Is there any TCS applicability on such transaction. What can be the consequences or penalties in case of delay in registration for and charging VAT/CST.
This Query has 1 replies
what is the interest & penalty on delay of deposit of DVAT? I know that Rs. 100/- per day payable on late filing of DVAT return but Is there any penalty on tax payment also?
This Query has 2 replies
Hi,
I have a query on the above mentioned subject matter. the contractor is executing construction contract in the state of Karnataka.
My Query is that under the KVAT 2003 WCT Composition Scheme the contratcor does not require to include the URD purchases made in executing the contract. Does this provision still exist or do we need to inclue the URD purchases in the taxable turnover?
Secondly the dealer executing the WCT Composition scheme is not permitted to make any interstate purchases? has there been any amendmend to this provision?
Kindly Reply to these queries?
Regards
CA K.P.Vinu Iyer
This Query has 2 replies
Dear Sir,
I am working in Hospital Industries. Our Hospital need equipments which we have to purchase from out of Maharashtra we have
paid MVAT on Monthly Basis
One an equipment purchased from Gujrat.
Party mentioned CST 4% (without C Form) & 1% extra on their bill i.e. Total 5 % is there
I talked to party regarding this However party replied that you have to pay 1 % extra Charge due to non submission of C form
Is it Correct of not ?
With best regards,
Vilas Choudhari
Live Course on Invoice Management System (IMS) - 2nd Batch(With Recording)
all detail of uttarakhand vat