Posts Tagged ‘VAT’

Applicability of services for May and November 2010 examinations (PCC, IPCC & Final)

November 7, 2009 10 comments


Applicability of services for May and November 2010 examinations:-


It is clarified that in Part –II : Service tax and VAT of Paper 5 : Taxation, students will not be tested on specific questions covering individual taxable services


It is clarified that in Part –II : Service tax and VAT of Paper 4 : Taxation, students will be examined only in respect of the following taxable services:

1. Legal consultancy services

2. Mandap keeper’s services

3. Commercial training or coaching services

4. Information technology software services

5. Services in respect of membership of clubs or associations


Paper 8 : Indirect taxes/ Paper 8 : Indirect Tax Laws

It is clarified that in respect of taxable services covered in the syllabus of Paper 8 : Indirect taxes/ Paper  8 : Indirect Tax Laws, students will be examined only in respect of the following taxable services:

  • Intellectual Property Services

1. Franchise services

2. Intellectual property services

  • Financial services

3. Banking & other financial services

4. Credit rating agency’s services

5. Stock broking services

  • Transport of goods services

6. Goods transport agency’s services

7. Courier services

8. Mailing list compilation and mailing services

9. Transport of goods by air services

10. Clearing and forwarding services

11. Cargo handling services

12. Customs house agent’s services

13. Storage and warehousing services

14. Transport of goods through pipeline or other conduit

15. Transport of goods in containers by rail by any person, other than government railway

  • Professional Services

16. Practising chartered accountant’s services

17. Management or business consultancy services

18. Consulting engineer’s services

19. Scientific and technical consultancy services

20. Technical testing and analysis services

21. Market research services

22. Opinion poll services

23. Public relations services

  • Real estate & infrastructure services

24. Construction services in respect of commercial or industrial buildings or civil structures

25. Construction services in respect of residential complexes

26. Architect’s services

27. Real estate agent’s services

28. Site preparation and clearance, excavation, earthmoving and demolition services

29. Interior decorator’s services

  • Business services

30. Business auxiliary services

31. Business support services

32. Manpower recruitment or supply agency’s services

CA. R. Devarajan

Director, Board of Studies



MP VAT new Announcement

October 10, 2009 5 comments

M.P. finance minister has announced that now vat-tax audit report will have to be submitted by 31st March instead of 31st Oct (as stated earlier).

He also propsed to provide for technical assistance in relation to filing form to the assessees.Largescale seminars will be cunducted state-wide for this purpose.

For more details visit:

MP VAT Quarterly Return (Form 10) Revised

October 6, 2009 25 comments

MP Commercial Tax Department has revised the format for VAT Quarterly Return. Some of important changes are:

  • List of purchases(Bill wise) is to be submitted along with return.
  • Registration numbers of reg. with other depts. (PAN etc.) are to mentioned.
  • Name of the commodity/ HSN Code is now to be mentioned in the return.
  • Detailed calculation of reversal is to be shown.
  • Aeging classification of ITR
  • Utilization details of statutory forms(C-form, F-form etc.)
  • Other changes

Amended points have been highlighted with red colour.

New Form 10 can be downloaded by clicking the following link

Revised Return Form of Vat Form No. 10

Properly formatted VAT Audit Report

October 2, 2009 Leave a comment

Hey all!

I have uploaded here the new improved and proper;y formatted version of Form 41A issued by the sales tax department, so that you can directly fill it up like a 3CD report.

The report can be downloaded from here:

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