TMI BlogForm 16 under DVAT - how to calculate vat on closing stockX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear all, form 16 has been changed under dvat act. is it notified. we have to file the old or new form 16 for qtr ending 31-03-2010. how we have to caculate vat on closing stock as we are not main ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... taing stock register quantity wise. - Reply By DEV KUMAR KOTHARI - The Reply = Partly replied: Stock register should be maintained to avoid complexities and to strengthen authencity of books of accou ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nts, returns, final account etc. However, when it is not possible ( for all items including very petty and low value but numerous items) or when a dealer do not maintain stock register, at least he mu ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... st have a physical count of stock for each item at year end so that inventory can be valued properly. Applying ABC method of control at least day to day stock register of A catagory items should be ma ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... intained for always beter control - Form 16 under DVAT - how to calculate vat on closing stock - Query Started By: - d.v. gupta Dated:- 17-4-2010 Value Added Tax - VAT-CST - Got 1 Reply - VAT and Sa ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... les Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.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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