Please tell me that what is the formula of Input tax (Vat
input) disallowed in case of branch transfer? We have a
branch in Delhi and H.O in Faridabad?
- 2 Answers
- 9338 Views
- I also Faced
- E-Mail Answers
Answer Posted / bijender yadav
Net Input tax X amount of brnach tranfer
---------------------------------------- = disallow
input vat
G.T.O. (Including stock transfer
| Is This Answer Correct ? | 5 Yes | 3 No |
Post New Answer View All Answers
Dear All, We are a trader and doing one E-1 sales. Supplier send the material by To-pay basis, we endorse the LR and sold to Customer. Customer has given the purchase order for Basic amount and freight amount also. That means we have to pay the freight and getting the reimbursement from customer. In E-1 sales Invoice can we show the freight amount separtely as freight ? Since the customer need the freight head should be shown separetly. Or can we raise the separate debit note for this. Is it create any tax implifications in E-1? Please claify the same at the earliest. regards Regards Thananjeyan.P
If anybody have knowledge about opening for the post of accountant(for Gurgaon/Delhi) kindly mail me verma_moti@yahoo.co.in. I am handling accounting sales tax/vat,Excise,service Tax,Tds and MIS.
Can it be prssible, If any person purchase Reliance life insurance policy with nepal residence address profe. If yes then who can deposit nepal curancy in indian branch.
Can we pay advance salary to a single employee in cash of an amount exceeding 10,000?
i dont no what is tcs and tds what the use and how to calculate Tcs&Tds
I have some queries about Service Tax, I am working in a Insurance Broking Company. 1) We have raised one bill on 25.04.09 for the services provided by us in the month Mar, 09 Now We received the chq on May, 09 followed in the Month of June,09. When the service tax is actually payable in the month of received of Service tax amount or in the month of services actually provided by us (Mar09) 2) Can we take 100% credit of Service Tax Input paid to those who provided services to us. Suppose Service Tax payable is Rs. 100/- and Service tax charged by the other firms/company Rs. 80/-. The question is That can we deduct Rs. 80/- (already paid). Now Net ST payable would be Rs. 20/- or other percent of service tax input is available 3) What is the rate of interest for Service tax if not paid on time. Pls help me out asap
Type of form use in sales Tax
In one year how many times tds, service tax, and Mvat is paid?
How to calculate entry tax ??(In karnataka) Pls advice me complete computation details.
Excise duty applicable for Handmade Production?
what do you mean by cenvat? and in which is liable?
I am working in footwear company at Himachal Pradesh. we want to send raw material - (leather) for Job work our other branch. now my question is that will have we any permission taken from excise & sale tax deppt.
type of sale and purchase tax?
Define the term person?
Dearlers Margin Received for Direct sale from our Creditor, that TDS deducted for us. How to accounting in my records in Tally ERP 9
