This Query has 1 replies
Dear Sir
I want to ask that In U.P., if any purchaser purchase Raw Material for Manufacutring purpose from un-registered dealer, in this term purchaser shall have to pay Tax as applicable 4%/12.5% as product to the department and after depositing the tax on purchasing, can he avail the benefit of this deposited tax on purchased agst. Sales Tax Payable (recovered, if yes please guide me and tell me that what is procedure (I mean which is form).
My e-mail i.d. is sunil_kumar10520@yahoo.com
Thanking you in anticipation
This Query has 3 replies
whether sales tax will be applicable on free issue of material which is given along with normal taxable sales, when it is clear that it is not a part of sales promotion?
This Query has 2 replies
Expenses collected from customers, which were part of sale price, escaped to be added in sale price.
Now in march, on all such Expenses vat was collected and paid.
The qs. is whether now all the returns filed till now should be revised and whether tax invoice should be issued in the date of original sale?
OR
only the return of march will be affected?
(dealer is filing monthly vat returns)
This Query has 1 replies
What is White Paper on VAT?
This Query has 2 replies
A vendor has charges vat 4% on binding of books, when the materials are provided by the customer. as far i know the vat is charged only on sale of goods.
This Query has 1 replies
Our company made to sales to 100%EOU without charging VAT. Our VAT officer says we do not charge VAT, but we will have to reverse proportionate ITC claim from Total Sales. Is his stand correct?
This Query has 1 replies
Is it necessary to submit Forms : 115 & 135 (VAT Annual returns) in Karnataka. If yes please tell me the due date for submission.
This Query has 2 replies
Dear All,
Please let us know whether we need to deposit tax when we transfer goods to branch located in other state. and whether we can avail input credit on goods transfered to inter state branch.
This Query has 3 replies
An assessee purchases raw material on which he has to pay vat of 15%, however the finished product is exempt from vat, is assessee liable to take TIN number ? and if he takes tin number than can he claim refund of vat paid by him on raw materials ?
This Query has 1 replies
Dear All,
I want to know that what is the percentage of Input-Tax credit disalloed when the dealer is making some Sales as Inter state branch transfer for F.Y.2007-08 and F.Y.2008-09.
What is the procedure if the dealer already used full tax credit for above said period.
Please guide me.
Pawan Pandey
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(with recording)
U.P. Vat