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Gujarat VAT & CST - Page 5

Gujarat VAT Dealers will now have to file stock details in 201C every month

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May 25, 2017
As per Gujarat VAT Rules, till now Dealers were required to file Stock Statement in prescribed Form 201C every quarter other than certain small scale Dealers who had to file the Stock Statement on half-yearly basis. Through a Notification dtd. 12-May-2017, the Gujarat Government has amended the aforesaid Rules stipulating that w.e.f. April 2017, Dealers who were till now required

Controversy – Service Tax on Copyrights

July 9, 2010
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[By Shaleen Shah (Partner), VNCA] The Finance Act, 2010 has amongst other amendments, proposed following new service on Copyrights w.e.f. 1-Jul-2010: The existing taxable service ‘Intellectual Property Right (IPR)’ excludes copyright from its scope. The service of transferring temporarily or permitting the use or enjoyment of Copyrights on (a) cinematographic
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Guj-VAT Notification: Disallowance of ITC

June 30, 2010
In a latest Notification dtd.29-Jun-2010, the Gujarat Government has notified – 1.       Input Tax Credit will be reduced by 2% on taxable turnover of Purchases when – a.       the goods are sold / resold in the course of inter-state trade and commerce;  b.      the goods are used as input including
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Gujarat VAT Amendments

February 18, 2010
Addition / Amendment of Entries in Industrial Input List Chemicals notified as industrial input items covered in notification attached to entry 42/A- are taxable at 4%+1% Additional Tax. Until now, the list of chemicals covered under entry 42/A have been notified vide the Notifications Nos. GHN-33/2006 dtd. 31-Mar-2006; GHN-46/2006 dtd.
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FAQs: TDS Provisions under Gujarat VAT Laws

December 7, 2009
The Gujarat VAT Amendment Act of 2009 has introduced a new provision for obtaining Tax Deduction Account Number (TDN) by the person who awards works contracts exceeding Rs.1 crore. Let us revisit the provisions of TDS on Works Contracts under the Gujarat VAT laws through the following FAQs: 1. Who
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Gujarat VAT Amendments – Enacted w.e.f. 1-Aug-2009

August 4, 2009
As informed to you through our Circular dated 27-Jul-09, the Gujarat VAT (Amendment) Bill, 2009 (No. 18/2009) is enacted w.e.f. 1-Aug-09.  In continuance thereof, your attention is further drawn to the following Amendments & Notifications: 1.      Penalty for late submission of return is prescribed as under. (A)      Penalty for Return
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