F Form Under RVAT & CST Act, 1956 Section 6A of the Central Sales Tax Act, 1956 provides that in case the goods are transferred by a dealer from the state of Rajasthan to his another place of business outside the state of Rajasthan or to his principal or his agent outside the state of […]
VAT 15 – Rule 21 of RVAT Act 2003 RULE 21 OF THE RAJASTHAN VALUE ADDED TAX RULES ,2006 DECLARATION FORMS RVAT Act other than VAT 47 and VAT 49, as these declaration forms has already been discussed in detail in another separate article. VAT 15 :- The rules provides that if a dealer sale […]
VAT Dealer and Department-Maharashtra Vat Audit As the last date of submission of Maharashtra VAT Audit Report is 15th of January 2015. VAT Audit applies to whom? If the Annual Turnover is more than Rs. 2 Crore then the Taxpayer has to conduct VAT Audit compulsorily. This limit was Rs. 60 lakhs for Financial Year […]
State Government cannot levy the tax on inter-State Transactions however all such transaction are administered by the State Government that’s why provisions relating to State’s VAT in many situations are applicable even in such transactions.
Inter-State Vs Intra State -Sale/Purchase Registered dealers are eligible for certain concession or exemption of tax on inter-State transactions Under the Central Sales Tax Act, 1956 (in short CST), if dealer is able to comply with certain conditions. By Submission of statutory forms like Form C, F, H, I, E-I or E-II etc. However before […]
F form under CST Act can cover transactions of a period more than one month Calcutta High Court in Cipla Limited vs Deputy Commissioner, Commercial Tax reported as VSTI 2013 Vol. 17 B-509 has held that There is nothing in Rule 12(5) of CST (R&T) Rules which could be construed to vitiate a declaration form […]