ALMOST ALL OUR SALES ARE INTERSTATE AND THE PURCHASES-NEARLY 60% ARE MADE LOCALLY.
SINCE OUR INPUTS ATTRACT 4%/12.50% VAT WE ARE INVARIABLY APPLYING FOR A REFUND. THE CST IS TO BE PHASED OUT IN ANOTHER TWO YEARS. AND IN SUCH A SCENERIO THE ENTIRE AMOUNT OF VAT PAID BY US IS ELIGIBLE FOR REFUND AS CENTRAL SALES WILL BE ZERO RATED. IS MY ASSUMPTION CORRECT?

According to the phase out of CST in 4 Steps(ie.,2 to 1 percent with effect from April 1,2009) is applicable nor any
special Notification is to be amended?

According to the Phase out of CST infour Steps (i.e. from 2 to 1 percent with effect from April 1,2009) is applicable nor any special Notification is to be amended?

One of our subsidiaries is located in Andhra Pradesh. It Purchases inputs locally but all its sales come under the purview of central Sales tax. Can Somebody tell me as to hoe much vat input credit can be availed under the Andhra Pradesh Vat ACT ?

as per maharashtra sales tax for a businessman how long (upto which year) one should keep books of accounts say as on 31/3/09
1) Purchase bills
2) sales invoice
3) pur.,sale register and ledger
4) expense ledger, bills, vouchers
5) cheq,slip books, bank statements

sir, my company is registered in gujarat & we are having our work done at haryana by a contractor also registered in gujarat. Now, i want to know the provisions of vat, cst and service tax applicable to this works contract.
Plz reply ASAP.
Thanks.

Hi Experts,


In addittion to my other queries here is new one.

I am buying Goods from outside Delhi @ 2% CST paid by me till now and selling the goods in New Delhi @ 12.5% VAT

My margin in the product after Delhi VAT is not more than 5%

How is the ways I can save on Tax specially knowing when 12.5% is reserved for the Govt of Delhi.

Is there any way out except selling goods outside Delhi ?

DEAR SIR

WHAT IS RATE SALE OF USED CAR ?

4% OR 12% PLZ CLARIFY I NEED WITH AMENDMENT

REGARDS
SHADAB

DEAR SIR

WHAT IS RATE SALE OF USED CAR ?

4% OR 12% PLZ CLARIFY I NEED WITH AMENDMENT

REGARDS
SHADAB

Sir,

pls guide me in how many days "C" forms must be issued against purchase against "c" form