Poonawalla fincorps
Poonawalla fincorps


ratikanta mishra
This Query has 1 replies

This Query has 1 replies

16 March 2009 at 13:12

itc

what is the full-form of itc in vat annual return?


RISIS
This Query has 2 replies

This Query has 2 replies

15 March 2009 at 22:37

Excess Input Vat Refundable Rules

Can anyone help me what is the rule of getting back excess input tax from the vat department ?


arun
This Query has 1 replies

This Query has 1 replies

15 March 2009 at 17:35

vat

our factory is located at chandigarh & head office is at Delhi.
In Delhi, we are maintaining the entire records.
Shall we follow DVAT rules or Haryana VAT rules & where 2 file return in Delhi or Haryana.

What is Form DVAT 43 & DVAT 51 and when it is to be filed?

Pls clarify sumbudy.


Kaushik Gandhi
This Query has 3 replies

This Query has 3 replies

15 March 2009 at 12:55

rate of CST to be charged

If i m selling goods, whose VAT rate in maharashtra is 12.5%, to a dealer in other state, say gujarat, and he will NOT provide me Form C, What rate should i charge in my Tax Invoice - 4%, 2%, or 12.5%?


Ashish Vishnoi
This Query has 3 replies

This Query has 3 replies

Dear Members,
I want to know about any notification regarding reduction of CST from 2% to 1%. If yes, than please provide me a copy of notification.

Thanks
From
Ashish Vishnoi.
Email: ashishvishnoi@sify.com


Muralimohan Baabu.P
This Query has 1 replies

This Query has 1 replies

15 March 2009 at 01:16

works contract tax for sub-contractor

we under taken sub-contract for lay out devolopment in Karnataka from a PSU, actual client is a Govt. Department of Karnataka. 1.please provide info on sub-contractors liability for VAT. 2.Is there any exemption for sub-contractor as the client is deducting TDS on primary contractor bills. provide with rule and act position.
regards.-Muralimohan


Guest
This Query has 1 replies

This Query has 1 replies

14 March 2009 at 16:36

TAX

PLS TELL ME THAT IF ANY FIRM GETS REFUND OF VAT IF ITS INPUT VAT IN MORE (PURCHASE)AND OUT PUT VAT IS NIL (SALES ) IN THE OF EXPORTS FIRMS THEIR INPUT VAT IS MORE(PURCHASE _ LOCAL PURCHASE) AND OUTPUT VAT IS ALMOST NIL (SALES- EXPORTS SALES)


Ravi Kiran
This Query has 1 replies

This Query has 1 replies

14 March 2009 at 13:58

Reversal of Input VAT

Dear Sir,

we have booked the Purchase bill of vendor and after two months we have come to known that we dont need to pay the amount to the vendor because of defect in the material my question is that at the time of booking the bill we taken the input vat credit and accordingly we have taken the set off now we want to write off the balance amount of vendor The input vat credit taken is also need to be reversed on account of balance written off

Regards

Ravi Konda


parmod kumar
This Query has 1 replies

This Query has 1 replies

14 March 2009 at 12:35

Input Tax Credit on Capital Goods

Can someone clarify me that if some goods are purchased which are capital goods as per Excise and it is through Vat invoce Input Tax Credit Can me claimed or not? If Yes, then Why ?


altaf peeran
This Query has 1 replies

This Query has 1 replies

hi
my client have started a redevlopment project in mumbai- maharastra, werein they will be constructing 14 storied residential cum commercial building as such the ground floor will b commercial and 1st to 7th floor would be given to existing members and 8 to 14 floors they will be selling, now they are constructing the entire bldg on their own, hence would like to have clarification on the following.

a) Is VAT registration required?
b) If yes what are the advantages they can get.
c) Can they procure material for constrcution against C form , can they get the benefit.
d) what would be their VAT liability are they require to collect VAt from Client.
as such they have just started the constrcution activity a month ago.