we are from andhra pradesh. We have given works contract to a compnay of maharashtra.

as per contract, we have to provide steel and cement. and all other material is to be provided by the contractor.

Q1: is it required to take VAT regn in andrapradesh for the contractor.

Q2: how to value service tax and vat if the contractor is in composition scheme.

Q3: what about WCT in the present case

Dear sir,
We have started business with VAT/CST Registration and wants to go for Excise Registration to avail MODVAT benefits to the customers. We are purchasing material from the manufacturer as well as the traders due to material availability.

My Queries are :

1. What is first stage dealer and second stage dealer registration or invoice ? Which registration (first or second stage) will serve our purpose ?

2. Can we pass on MODVAT benefit to our customers if we purchase it from the second stage dealers ?

Please also provide standard formats for Tax Invoice-cum-Challan.

Thanking you,

A piece of land purchased in december 1989 for rs 70000 sold for rs 100 lacs during July, 2013.the property is jointly owned by husband and wife. What will be the capital gains tax for each person? They do not have any other taxable income. What will be the amount required to be invested in REC bonds?

Dear experts,

My establishments in Goa and i have purchased
the material from Delhi against CST@2% .
Pleas explain me , VAT input of CST is allow at Goa.

Dear Sir,
I am working in a company and failed to file the S.T III return for the year April 2012 to June 2012. The last date for filing this return is 25.11.2012.The department had postponed the last date for filing to 25.11.2012 because we have to file the return online. I had no knowledge about this e filing and failed to file the return on that time. Later on 05.02.2013 i had filed the return. Now the department has issued notice claiming of Rs.5,200 must be paid within 7 days.
Please tel me there is any hope for concession or waiving of the penalty? Can i pay the penalty using CENVAT credit? If i failed to pay the penalty what is the next step by the department?

Regards
Rahul

If the share application money is pending for more than 1 year. then can it be shown in other current liability head of balancesheet? Anything else is required to be disclosed? pls reply.

If one person working in one trust.But she received salary from two different trust but the one main trusty name is common. Than professional tax deducted from one trust only or from both the trust professional tax deductable.

I have completed my group 1 in nov 2012 and waiting for group 2 results..I am searching for a good firm in Pimpri chinchwad or Pune..plz help

My client has written wrong Assessment Year in TDS challan and now it has almost 10 months over.Bank persons are not ready to change it as time period for correction has already been over. Now anyone can tell me what should be done in this case and how can A.Y. be changed in TDS challan?

can an article who has already taken leave for 133days before completion of his/her 2.5years of articleship and final attempt is eligible to appear for final attempt after 2.5yrs of her training??