VAT queries [35559]

All Resolved Open

BHARTI ARORA

29 April 2009 at 16:38

sales tax

if we import computer good from delhi to gurgaon what will be the rate of sale tax

Deepak Aggarwal

29 April 2009 at 16:31

Please suggest the books for the theoritical subjects
If u have notes please send me at my email id
ca.deepakaggarwal@gmail.com and ca.deepakaggarwal@yahoo.com

1)Auditing
2)Coprate laws
3)MICS

i need them its urgent

Deepak Aggarwal

hitesh sharma

29 April 2009 at 16:11

Capitalisation of assets below the cost Rs 5000

What if an entity purcahsed Aseets in bulk like 10 mobiles each individually costs Rs 4000 or below 5000 , then total cost of 10mobiles will be capiatalised or asset will individually capitalised

Suggest

VIVEK KARMANI

29 April 2009 at 16:10

about the article

is there any change in the date of transfer of a article.

Jaideep G. Tantia

29 April 2009 at 16:09

TDS

Is TDS applicable on payment made to non resident (Individual) as professional fees.

K L N sarma

29 April 2009 at 15:55

export procedure in excise-

Please tell me to take ED exemption from parties for export order, where i will take form CT-3 for exemption in ED, tell me briefly

i am waiting for your reply

Gajendra R. Tiwari

29 April 2009 at 15:45

ACCOUNTING ENTRY

WE ARE NOT VAT REGISTERED BUT WE HAVE SALES TAX NO. OUR CREDITOR CHARGES US VAT @ 4% ON ELECTRONIC HARDWARE & COMPUTER ACCESSORIES GOODS.

WE PASS FOLLOWING ENTRY IN BOOK OF ACCOUNTS :

ELECTRONIC HARDWARE ITMS A/C DR. XXX
TO SUNDRY CREDITORS A/C XXX

SUNDRY CREDITORS A/C DR. XXX
TO BANK A/C XXX

IS IT RIGHT PRACTICE??

CAN WE HAVE VAT CREDIT??

PLEASE SUGGEST.

lingam

29 April 2009 at 15:24

Penalty & fines paid other than I.T.Dept.

Dear Sir,

Can I claim penalty & fines paid to the Govt.Authorities other than I.T.Dept as an expenses if yes upto what extent and also we had paid huge amount of penalty on behalf of our customer which will be reimbursed by oure customer later on pls tell me the accounting entries for the same.