Poonawalla fincorps
Poonawalla fincorps


vsns sharma
This Query has 1 replies

This Query has 1 replies

07 February 2009 at 16:40

PROF.TAX REGISTRATION REQUIRED OR NOT?

Dear Experts,

Our Co. HO is in Ahmedabad. We got Civil Contracts in MP State. We are making VAT/CST Registration in MP State.

But 1 of our Consultants told that we are also to be registered under MP Profession Tax. IS IT CORRECT?
Bcoz the Co. having all the required Registrations in Ahmedabad (Gujarat).

All the Salaries/other Transactions are Centralized & shall be released from HO only.

Request U all kindly educate me.

VS LAKSHMI


vsns sharma
This Query has 2 replies

This Query has 2 replies

07 February 2009 at 16:34

PROF.TAX REGISTRATION REQUIRED OR NOT?

Dear Experts,

Our Co. HO is in Ahmedabad. We got Civil Contracts in MP State. We are making VAT/CST Registration in MP State.

But 1 of our Consultants told that we are also to be registered under MP Profession Tax. IS IT CORRECT?
Bcoz the Co. having all the required Registrations in Ahmedabad (Gujarat).

All the Salaries/other Transactions are Centralized & shall be released from HO only.

Request U all kindly educate me.

VS LAKSHMI


Amol Mantri
This Query has 3 replies

This Query has 3 replies

07 February 2009 at 15:44

Credit on Fixed Asset

Can i take VAT credit of input VAT of Computers purchased


Paresh
This Query has 1 replies

This Query has 1 replies

07 February 2009 at 14:48

VAT on sale of assets

What are provision under MVAT for Sale of assets from one company to another company. and the selling company is going concern.
And can buyer claim input credit of the above transaction as there will not be a inovice raised,but all assets will transfer through an agrement


Chitra Nair
This Query has 1 replies

This Query has 1 replies

06 February 2009 at 11:37

TDS in VAT

A contractee gives a contract to the Principal contractor. The Principal contractor delegates some part of the contract to the sub-contractor. The contractee deducts TDS on the payment made to the principal contractor. The principal contractor deducts TDS on the payment made to the sub-contractor. Here the Sub contractor pays VAT @ 5% under composition scheme. Whether he can claim refund of TDS from the main Contractor.
If yes, please provide the procedure for the same.


Chitra Nair
This Query has 1 replies

This Query has 1 replies

05 February 2009 at 17:30

Information on works contract in VAT

1) Please throw some light on Works Contract in Sales Tax .
2) A Sub-contractor is in the Composition Scheme and pays VAT @ 5%. The Main contractor deducts 2% TDS from the payment to be made to the Sub-contractor. Is there any form in Sales tax for non deduction of TDS?


deepak Kumar yadav
This Query has 2 replies

This Query has 2 replies

05 February 2009 at 17:08

CST

We have accumulated input vat credit and could we take set off against CST paid


Chitra Nair
This Query has 3 replies

This Query has 3 replies

Refund of VAT can be adjusted against CST liability. But whether Refund of CST can be adjusted against VAT liability.
If yes, Please provide the trade circular number.


a vasu dev
This Query has 1 replies

This Query has 1 replies

04 February 2009 at 13:58

details of vat

hi every body i had a doubt in vat that if i had purchased goods from outside the state and sale outside the state but my firm is registered in my native state then which state vat is applicable to me wheather vat is aoolicable or cst pls answer this query, thanks


CA Deepak Chhabra
This Query has 1 replies

This Query has 1 replies

04 February 2009 at 13:06

vat Credit

Dear friends
Please resolve one query for me.
Query is if any capital goods is purchased for repair & maintenance of machines which is being used in manufacturing .
Whether vat credit will available on that.

Please answer as soon as possible.

Thanks & Regards
Deepak Chhabra