Hvat 2003
BHOOP SINGH
(Querist) 25 July 2012
This query is : Resolved
Dear All
We are registered under HVAT 2003 as Trader. I have two queries please help me.
1. We purchased one item from a VAT dealer but due to some reason, the said item can not be sold to any one. so that item we provide to our staff as free of cost.
2. We imported some parts to repair a electronic machine. The said machine of our customer and we have to charge service charge. So we have to charge VAT from our customer or service tax only or both.
And how above both transactions are Treated under VAT R1 and which annexure.
Thanks
Bhoop Singh
R K JAIN
(Expert) 30 July 2012
Goods given to staff as free of cost will be shown on LS-8 and no input tax will be avialable on the purchases made from Haryana. Spare partsimported will be taxed and service charges will not be taxed. Sale of spare parts will be shown on LS-2/LS-9 as the case may be and repair charges will not be shown in the return.
BHOOP SINGH
(Querist) 30 July 2012
Dear Sir
Thanks for your valuable comments.
But we issued a single invoice only for service charges mentioning "Repair Charges" with service tax and transaction has been completed and vat/cst is not charged. So could you explain that how can we rectify our mistake and our customer was out of Haryana so VAT have to be charged or CST, becuase Item repaired at our premises but delivery made at Rajasthan.
R K JAIN
(Expert) 31 July 2012
CST is to be charged. You can issue invoice refering earlier invoice.
