Pritam Rawat (Accountant) (35 Points)
09 September 2013we purchased tax free goods (fabric) from unregistered dealer ( i.e. local purchase) while filling annexure 2a (amended) what code should we apply for this purchase ?
PTF = purchase tax free goods (local)
PUR = purchase from unregistered dealer (local)
CA LOVELY ARORA
(C.A. B.Com (H) Graduate)
(2151 Points)
Replied 09 September 2013
Dear sir,
in my view, you should write "Tax Free Goods" as it has wider scope than "Purchase from Unregistered dealers".
Best Regards,
CA Lovely Arora
ca.lovelyarora @ gmail.com
Mayank Mall
(CA-Final)
(316 Points)
Replied 10 September 2013
I Would Agree with CA Lovelyji....
I just prepared a VAT Audit report and noticed similar problem. However, if i chose to mention the details in unregistered segment, it would eventually attract tax payment and the other way being tax free attracts nothing, however i mentioned a note as well by adding a footmark to the table provided in the audit form.
Rakesh Negi
(Ecommerce)
(147 Points)
Replied 29 September 2013
What formalities do we need in case we purchase goods from importers or local seller who dont provide bills. How to show that ?
Mohammad Avesh
(Sr Officer (F&A))
(48 Points)
Replied 30 September 2013
| Originally posted by : Pritam Rawat | ||
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purchase from unregistered dealer not exempted purchase, if dealer is a registered dealer then fabric item would come in exempted cetegory |
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Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
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