Query on VAT

What are New amendments in Punjab Vat.

form 38 lost

when company not authorized with the deppt. for sell the other thing how can they sell and charge VAT. Company have to file a application for amendment in selling items or not to sell other things. It can be creat a big problem at the time of assesment.

form 38 is import declaration form in U.P. , if it is lost, immediately got the no. published in newspaper, and fiil indemnity bond and file bith with the department. quick

In my view, you can sell your assets and collect Vat without giving an application for amendment in Registration Certificate. All you have to do is that the Vat you collected should be as scheduled tax rates. After selling the goods and collecting the tax, you have to file all the information regarding such sales you made in your next tax period return...

Selling of assets is not the regular business activity of the person.You have to show the details of your current assets before your assessing authority in your annual return..   

If Form-38 is lost, you have to lodge an FIR, publish in local newpaper and fill the indemnity bond [@ 25,000.00 per Form] at Rs. 100.00 general stamp and therefter file the original indemnity bond before the assessing authority enclosed with copy of FIR, Newspaper...

my client branch office at west bengal......... my query is

1) what is rate of flex front left,back left (purpose of use for advertisng)

* client sale only flex sheet, to verias printing co.and adverting agency

* client all material purchase from out side india (importer)

my client branch office at west bengal......... my query is

1) what is rate of  vat in w b of flex front left,back left (purpose of use for advertisng)

* client sale only flex sheet, to verias printing co.and adverting agency

* client all material purchase from out side india (importer)

Mr. Revikumar is properly answerd the issue as " Selling of assets is not the regular business activity of the person.You have to show the details of your current assets before your assessing authority in your annual return.."   I am adding a few lines.

In this case, please take the role of an awarder, if he has a works to be conducted through a  contractor. Then   it is his duty to deduct TDS under VAT Act equal to VAT dues( in Applicable states only) and pay the same to government.  VAT registration is not compulsory to an awarder though he is liable to submit a return in the presecribed forms in applicable states.  State like Tamilnadu, Karnataka, Kerala etc.

Rema