A value added tax (VAT) is a form of consumption tax. From the perspective of the buyer, it is a tax on the purchase price. From that of the seller, it is a tax only on the "value added" to a product, material or service, from an accounting point of view, by this stage of its manufacture or distribution. The manufacturer remits to the government the difference between these two amounts, and retains the rest for themselves to offset the taxes they had previously paid on the inputs.
The "value added" to a product by a business is the sale price charged to its customer, minus the cost of materials and other taxable inputs. A VAT is like a sales tax in that ultimately only the end consumer is taxed. It differs from the sales tax in that, with the latter, the tax is collected and remitted to the government only once, at the point of purchase by the end consumer. With the VAT, collections, remittances to the government, and credits for taxes already paid occur each time a business in the supply chain purchases products.
Registration under the provisions of Haryana VAT & CST Acts.
Filing of returns of sales / purchases under the provisions of HR.VAT & CST Acts.
Deposit tax with the department by filling the requisite challan along with pay order or D/D and get the receipt of the same.
Making available with various kinds of statutory forms.
Attend assessment proceedings and get them finalize.
Attend & get audit Objection settled, if any raised by audit party.
Attend revisional proceedings, if any, initiated against the company after finalization of assessment proceedings.
Seek adjournment on behalf of the company w.r.t. proceedings under the said Acts.
Attend and get the proceeding finalize if any, initiated by the department w.r.t. inspection of premises or the vehicle carrying goods of the company.
Make conversant with the various amendments effected in the provisions of the Acts and their aftermaths.
Make available with inward and outward ST.-38/D-3 forms.
Provide legal opinions during the financial year as and when required by the company.