Pls let me know about the Composition scheme for works contract.basically i want to know how we derive the actual turnover for hotel industries and other such undertakings whic provide srevice.

MVAT Schedule Entry for LPG Gas Cylinders

Suppose we have collected CST at the time of O.G.S.. Whether this can be claimed as a Credeit against Input VAT? What could be the consequencies if reverse situation? Can CST collected can be claimed as a Set off against CST paid?

Our company have a caterer who provides meals, snacks etc for a rate per item.
For snacks the rate is Rs. 6.00 per unit + VAt + service tax. The M.R.P.( as mentioned on the cover of the pack)of the said item is Rs.4.00.
If the M.R.P. includes sales tax, doesen't charging tax by the caterer result in cascading effect.

Back ground:
1.A pvt ltd Company having its Head office in Mumbai with MVAT & CST Registration.
2.It has Branches at New Delhi & Kolkata having the respective VAT & CST Registration.
Query:
1.Goods purchased by the local branch at delhi send to head office under F Form .
- when goods purchased locally it is eligible for VAT input for sales made at delhi branch,but will it eligible for input tax credit on goods purchased locally in delhi & the same stock has been tranfered under form F to the Head Office,even if no sale has been made at delhi branch
- The goods transferred from the branch is to be sold lyving the local VAT where output tax is to be generated & paid to maharastra government.
- Is there any taxation impact on the above transactions.

I would like to give two cases:
1) Contract for printing files / envelop / writing pad etc on which logo as well as name of my company is appearing.
2) A book which contains financial performance of the company.

In both the cases we do not supply any material to the printer like paper/ink etc.
My question is:
1)whether above two cases are works contract or contract for purchase of goods.
2)whether contractor can charge VAT for doing above job.

Our company have a caterer for two canteens who provide unlimited food and snacks.

The caterer charges 2 % on the value of food (single rate per meal), tea/milk/coffee and 4 % on snacks provided by them.
No VAT is levied on fruits.

I referred VAT Act and no where i could find 2 %.

Is he right in charging 2%?

We have given a contract for printing of stationery as per the specification given by us to the contractor. The contractor is charging VAT. Whether contractor is right in doing so or not? Further contract for printing of stationery is a works contrac of purchase contract for us.

Respected Members,

I wants to know about Work contract sale under within state sales without composite scheme. I am having some query regarding this as below;

1. What would be tax rate for seller or excutor or contractor of work contract.

2. Which form should the seller get from the principal for TDS & what rate applied by the principal.

3.Is seller can reduce the TDS from sales tax liability.

4.Is seller can get input tax credit on purchase of input supplied on work contract.

5.What steps must followed by the seller or contractor in this case.

6.How to represent the selling amount and TDS amount in Section G of Form 704.

Please reply it as soon as possible.

Regards,

Prabhakar

Hi,

1 Requirement for VAT and CST application

Information
1 This company is pvt. Ltd. Company
2 Want a voluntary registration
3 What is deposit amount refundable
4 What is deposit amount non-refundable