Question { Genpact, 12416 }

What is the vat rate levied on cement mould bricks

Answer

Logic of tax is raw or incomplete material or Secondary
Goods or non consumable goods vat rate are ((4.00%
+Additional Tax (as per state)) & Finished material vat
rate is (12.50% +Additional Tax (as per state)).

Question { Genpact, 5453 }

There is a sales return in the month of April'09, we didnot
take input credit for such return. shall it possible to
take now? what the time limit to take such sales return
input credit in VAT?

Answer

Please revise your return.

Question { 8238 }

Can we take credit of service tax in manufactruring
companies & what is the procedure

Answer

Input always against output. If you are not liable to pay
service tax in manufacturing unit specially, service tax
input not allowed for you. Generally contractor or service
providers are take input for service taxes that are not in
composite or abetment scheme.