CAclubindia Articles

ADVANTAGE POINT FOR CHINA.

Posted by Indraneel Sen Gupta 13 November 2009 6844 Views

ADVANTAGE POINT FOR CHINA.Finally Chinese goods are replaced from the shelves of US primarily followed with other economies. Chinese Exports fell 20.5% to US$957.36 billion. One of the prime reasons for such a decline is the falling dollar. More the

A thing of beauty is no more a joy forever

Posted by MONISH BHALLA 13 November 2009 7979 Views

Cosmetic surgeries are subject to Service Tax We are into Cosmetic and Beauty related services and are regularly paying Service Tax on the beauty treatment services since 2002. Are we liable to pay Service Tax on Medical services

HOW DO I REGISTER A COMPANY : PART I

Posted by Ankit 21 CA,CS,B.Com 13 November 2009 9882 Views

HOW DO I REGISTER A COMPANY ..........??? Registrars of Companies (ROC) appointed under Section 609 of the Companies Act covering the various States and Union Territories, are vested with the primary duty of registering com

Off-White paper on GST

Posted by MONISH BHALLA 12 November 2009 9597 Views

The First Discussion paper on Goods and Service Tax has raised more questions than it seem to have addressed to. The Central Government has unfolded its intentions to Tax the Sales of Goods. Consequently they have shown a carrot to the states with

WHERE US ECONOMY IS HEADING?

Posted by Indraneel Sen Gupta 08 November 2009 8457 Views

The unemployment rate rose from 9.8% to 10.2% in October, the U.S. Bureau of Labor Statistics reported. It was the first time the unemployment surpassing 10% in 26 years. In the coming quarters we will find many more job losses backed due to low eco

Scrapping the Apex Court decision on Scrap

Posted by Pradeep Jain 07 November 2009 14002 Views

Introduction: - The Central Excise duty is leviable on the process of "manufacture". Any process that brings a new article into existence with different name, character and use is known as manufacturing activity. For levying duty on any article it mu

Don't fret, here's your eight-fold path to Service tax nirvana

Posted by MONISH BHALLA 07 November 2009 7288 Views

If you forget these eight norms, you can land into Service Tax litigations In the course of providing a Taxable Service, we incur reimbursable expenditures such as travelling and boarding expenses, postage, telephone, etc., and

VOUCHING IS THE ESSENCE OF AUDITING

Posted by Member (Account Deleted) 05 November 2009 339989 Views

VOUCHING IS THE ESSENCE OF AUDITINGVouching is said to be the very essence of auditing. The whole success of an audit depends on the intelligence and thoroughness with which this part of the work is done.Vouching means the verification of entries in

ACES faces many hurdles

Posted by MONISH BHALLA 04 November 2009 10765 Views

It is an online service to dispense with paper work in matters pertaining to Central Excise and Service tax.Fast, safe and reliable services are today sought by every person. But this can sometimes also be a cause for trouble for him. The Automation