Relating to sales tax damand
This query is : Resolved
11 January 2016
hello,
one of my client, who engaged in manufacturing of Oilfield equipment and heavy machine in Uttarakhand.
during the A.Y.09-10 A.Y.10-11 and A.Y.13-14 sales tax demand was imposed by sales tax department.
and now it come decision of the department in current year.15-16.
company is set off this demand from VAT receivable a/c in current year 15-16.
whether company do the same???
if no then please suggest me what have i do??
one of my client, who engaged in manufacturing of Oilfield equipment and heavy machine in Uttarakhand.
during the A.Y.09-10 A.Y.10-11 and A.Y.13-14 sales tax demand was imposed by sales tax department.
and now it come decision of the department in current year.15-16.
company is set off this demand from VAT receivable a/c in current year 15-16.
whether company do the same???
if no then please suggest me what have i do??
11 January 2016
If the demand related to 2009-10 , 10-11 and 13-14 and the decision has come to pay , then the demand money can be setoff from the vat credit available during that year not form current year. If the VAT credit not available then the demand amount should pay through challan.
Regards
Kanak
Regards
Kanak
12 January 2016
please sent link of notification or provision of sales tax law relating to that issue.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- TDS U/S. 194NF
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Donation Receipt u/s 80G
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
Trending Online Classes
CAclubindia
