What is a rate of interest & penalties if late filing of VAT return ?

Please let me know the goods notified under Rule 157(1)(a) of karnataka VAT Rules which requires delivery note in Form 505 only and not in 515.

Hi Nilesh Damji,

can be set off VAT paid on centralised purchasing with VAT payable on sales by various sales depot in various state?

We have a head office at DELHI and all purchase i.e. raw material and packing material through head office and transfer to manufacturing unit in other state and thereafter finished good t/fd to sales depot in other states.

Vat paid on such purchases can be set off against vat payable on sales by such sales depot in various states.

pl clarify on the following -
hotel tariff goes like this :
Service charges 3 % on Room Sales ;
5 % on F & B sales
VAT : 12.5 % on F & B

Restaurant bill goes like this -

Food sales : 1,000
Service charges -5% : 50
total : 1,050
K - VAT - 12.5 % : 131
Total : 1,181

Is this correct ? does service charges attract K VAT ?

please clarify

Hi Nilesh Damji,

can be set off VAT paid on centralised purchasing with VAT payable on sales by various sales depot in various state?

We have a head office at DELHI and all purchase i.e. raw material and packing material through head office and transfer to manufacturing unit in other state and thereafter finished good t/fd to sales depot in other states.

Vat paid on such purchases can be set off against vat payable on sales by such sales depot in various states.

Hi,

One of my supplier has submitted proforma invoice in that he is caliming VAT @ 15 % . This is intra state ( Delhi and orissa) supply. They are asking based on the oral announcement.

Is it right ?

Have we received any notification or Circular related to this?

Hi,

One of my supplier has submitted proforma invoice in that he is caliming VAT @ 15 % . This is intra state ( Delhi and orissa) supply. They are asking based on the oral announcement.

Is it right ?

Have we received any notification or Circular related to this?

Hi,

One of my supplier has submitted proforma invoice in that he is caliming VAT @ 15 % . This is intra state ( Delhi and orissa) supply. They are asking based on the oral announcement.

Is it right ?

Have we received any notification or Circular related to this?

hi friends iwant a small information regarding vat tretment.
vat input is more than vat out put and iwant to carry forward vat amount. so how should i pass an entry so that i can carry forward vat input amount to next month.

I received goods from other state . On them i paid VAT Rs.50000
I have to pay VAT in my State(Gujarat) Rs. 70000
What is my final VAT liability . . ?