Reg. Vat
This query is : Resolved
15 November 2009
CST rate
CST is applicable in promotional & gift item ????
what is return challan for vat????
how vat is applicable in following case??
If HO is in Mumbai & having depo in 4 zone for eg. Gujarat/ Delhi / Mumbai / South
have to file 4 different vat returns for all above resepective zone????
what is the difference between local vat & central vat?????
CST is applicable in promotional & gift item ????
what is return challan for vat????
how vat is applicable in following case??
If HO is in Mumbai & having depo in 4 zone for eg. Gujarat/ Delhi / Mumbai / South
have to file 4 different vat returns for all above resepective zone????
what is the difference between local vat & central vat?????
15 November 2009
1. CST Rate : 2% if sales are made to registered dealer(buyer) who can obtain C form from their State Sales Tax Authority and can give you the same.
Otherwise normal vat rate of the product at sellers State would be applicable CST rate.
2. Return is periodical details to be submitted to VAT/Sales Tax authority.
Challan is to deposit VAT/CST to State sales Tax/VAT authority.
3. YES. Have to file return in all states of operation if Sales are made from different states.
4. There is no Central VAT. There is Central Sales Tax.
Both VAT and CST are to be paid to the Authority of the Selling State. For Sale within the State- VAT is to be paid and for selling outside of the state CST is to be paid.
Otherwise normal vat rate of the product at sellers State would be applicable CST rate.
2. Return is periodical details to be submitted to VAT/Sales Tax authority.
Challan is to deposit VAT/CST to State sales Tax/VAT authority.
3. YES. Have to file return in all states of operation if Sales are made from different states.
4. There is no Central VAT. There is Central Sales Tax.
Both VAT and CST are to be paid to the Authority of the Selling State. For Sale within the State- VAT is to be paid and for selling outside of the state CST is to be paid.
15 November 2009
BUT FOR FILING RETURN FOR CST & VAT FORM ARE SAME....AND WITHOUT C FORM LOCAL TAX RATE IS 4% OR 12.5% OR WHATEVER IS CHARGES IS APPLIED.. WHAT ABT GOODS PURCHASED FOR PROMOTIONAL OR GIFT ITME. SHOULD WE GET BENEFIT OF IT (WE GET VAT SET OFF FOR THE SAME) IN CASE OF VAT..
22 November 2009
CST is Same in all Place but VAT is Different from State to state. so that you have to take care of VAT in all your 4 different Zone...ok you
in Local Sales with the Registered dealer give TAX invoice otherwise Retail invoice.and in outside State you have to give Retail Invoice and Charge CST if registered 2% with C form otherwise 5% its not VAT.. Credit will be Decided after the Calculation of input & output tax. both VAT & CST. Calculation Should be done in your different 4 Zone and then decides TAX will be Payable or Credit Forwardable. ok
in Local Sales with the Registered dealer give TAX invoice otherwise Retail invoice.and in outside State you have to give Retail Invoice and Charge CST if registered 2% with C form otherwise 5% its not VAT.. Credit will be Decided after the Calculation of input & output tax. both VAT & CST. Calculation Should be done in your different 4 Zone and then decides TAX will be Payable or Credit Forwardable. ok
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