TMI BlogCompounding Option Kerala VATX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Sir One of the Assessee is registered Kerala VAT and manufacturer of Ayurvedic Medicines as per the Drug License and also they have choose an option to pay Tax on MRP under ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... section 8 for preceding year and issue invoice in the form 8H .Now assessee is decided that not opting compounding payment this year , is this right? is any problem to assessee from VAT - Reply By ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Ganeshan Kalyani - The Reply = Sir, the provision of charging VAT on MRP is optional under KVAT. Your choice of either charging VAT on MRP or on Sale value should be communicated to the Department. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... In my view you can switch the option. Thanks. - Reply By Binu Karuthedath - The Reply = Dear Sir Thanks your reply The assessee is applied for compounding application(Form 1B) by o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nline .But Assissing authority is not issue compounding permission(FORM 1E) till the date. have any option to withdraw the application? . if possible what are the procedure - Reply By Ganeshan Ka ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... lyani - The Reply = Sir you should meet the Authority to solve the issue once for all. Thanks. - Compounding Option Kerala VAT - Query Started By: - Binu Karuthedath Dated:- 4-4-2016 Value Added ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Tax - VAT-CST - Got 3 Replies - VAT and Sales Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxma ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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