Interested to Buy Any Domain ? << Click Here >> for more details...
can we have benefit of CST in VAT (Haryana). explain?
- 3 Answers
- 9255 Views
- I also Faced
- E-Mail Answers
Answer Posted / h.r. sreepada bhagi
VAT is applicable on Intra-State sales and CST is applicable
on Inter-State sales. VAT Act and CST Act are separate in
each of the state in India. Hence CST is not available as
Input tax credit to the purchaser. Input tax credit is
available only in respect of VAT on purchased goods. This is
the same across all states in India where VAT has replaced
state Sales Tax Act.
| Is This Answer Correct ? | 9 Yes | 1 No |
Post New Answer View All Answers
procedure to get Raw Material free of excise duty under Central Excise Act,
The CST assessement for the FY 2006-07 is completed on 31-3- 2010 and the same is received by dealer on 22-4-10. The question is that the dealer colud not produced the original H Forms at the time time asst. except the photostat copies filed. But the CTO not allowed and calculate tax at net 4% on H Forms turnover. CTO is saying that it is time barred by 31-3-10. Therefore even after produced we can not revise. We filed with case laws that it can be revised But when it is time barred it canot be. Therefore I request You to help the dealer ANYCASE LAW is there in the above case Pl. guide us.
What r the foll tax deductions for :- 1.TDS 2.WCT Give me answers in detail & give me some addtional info on these topics which would be helpful for me.
Which income is considered as accrued income?
Explain long term capital gains and how is it different from short term capital gains?
Is there any change in the section 80DD for the financial year 2009-10
please explain what is actually E-15 what is its process and also what its importance.
DEFINATION OF INCOME TAX , WEALTH TAX , INDIRECT TAX ,DITECT TAX , AND CORPORATE TAX ?
what are the benifits available to become and EOU in all taxes, such as Income Tax, Sales Tax, Excise, Custom
Dear sir, mu question is that can one lunch (Tiffin) provider person mention both vat or service tax on his bill. pls. give me answer. EXPLAIN BRIEFLY.
If a person got gold by wining a lottery and TDS on the gold value was not deducted by the deductor. After getting the gold, the person tranfer the gold to his daughter. After reading the provisions of the Income Tax Act, 1961, you are required to state that who is liable to pay the tax on the value of the gold? and is there any liability of the Deductor towards non-deduction of TDS?
Dear Experts, I need your help in deriving a formula for calculating three taxes with a combination of cumulative and inclusive tax. Here are the examples with expected result. Please let me know the formula on how to get the given result. Example1: Total Product Value (V) = 1000 (with inclusive of all 3 taxes and below mentioned cumulative combinations) Tax1 rate is 10% and Tax1 is inclusive. Tax2 rate is 10% with Tax2 is inclusive and cumulative of Tax1 Tax3 rate is 10% with Tax3 is inclusive and there is no cumulative of Tax1, Tax2 Expected Results are: Tax1=76.34 Tax2=83.97 Tax3=76.34 Let me know formula to derive above values? Example2: Total Product Value (V) = 1000 (with inclusive of all 3 taxes and below mentioned cumulative combinations) Tax1 rate is 10% and Tax1 is inclusive. Tax2 rate is 10% with Tax2 is inclusive and cumulative of Tax1 Tax3 rate is 10% with Tax3 is inclusive and cumulative of Tax2 Expected Results are: Tax1=75.70 Tax2=83.27 Tax3=84.03 Please let me know formula to derive above values? Thanks in advance.
Sir please confirm job work sale for clothes shat d1 yes & no
If I have bought goods from a seller in India and finally exported it to some other country, my understanding says I have to issue form H to seller to get cst exemption. My question is wether Bill of lading is must to be given to seller or not bcos if I give bill of lading to the seller from whom i haave bought material confidential information will go to seller as bill of lading will have buyers details...pls guide how to overcome this issue.
Can we take rebate on Exports done before 6 years ? If no, why ? What can be done ?
