branded jewellery
This query is : Resolved
07 March 2011
ABC Jewellery pvt ltd. got registered with a Barand name Z.
this co. purchase the jewellery from manufacturer & give a tag of its brand name Z.
Does ABC Pvt. Ltd. is liable to excise duty of @ 1% as provided in this budget
this co. purchase the jewellery from manufacturer & give a tag of its brand name Z.
Does ABC Pvt. Ltd. is liable to excise duty of @ 1% as provided in this budget
Abhas Gupta
(Expert)
24 March 2011
Any person manufacturing OR selling under a brand is covered by the notification NT 1/1.3.2011
There is no ambiguity regarding the coverage of the person selling under a brand. The definition given in the explanation is very wide definition as it stand on this day.
Vijay Gupta
OTM Jewellery (P) Ltd.
There is no ambiguity regarding the coverage of the person selling under a brand. The definition given in the explanation is very wide definition as it stand on this day.
Vijay Gupta
OTM Jewellery (P) Ltd.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Reward for festival
- 18% Rent a cab
- Clarification on GST, TDS, and Accounting Provisions for Import/Export
- Clarification on GST, TDS, and Accounting Provisions for Import/Export Commission Agents,profes. ser
- ARCA LOGIN
- Movement of goods by packers and movers - type of sale - Reg.
- TDS Return Statement Status
- Accounting Treatment of Civil work to install PORTA Cabin for office use
- Rectification under processing even after 6 months cpc portal
- Closer of business and itc of capital goods
- Gratuity paid to legal heir above 20 lakh is taxable or not
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
