what is the usefullness of ESI to a employer? the company is a construction company. whether it is necessary to incorporate under ESI?
All spanning several years, Interstate Movement with LR endorse ment was sufficient for sale in transit under CST .Now We understand with latest Supreme Court Judgement in the case of A& G Projects and Technologies Ltd Vs State of Karnataka dt 11.12.2008,sale in Transit under state requires the follwoiung
1.No prior Contract before the commencement of Goods
2.No mention of ultimate customer name in the Supplier Invoice on the First stage dealer as it pointsout to a prior contract
Based on the above Andhrapradesh Govt initiated action on all "sale in Transit cases " on the Comapnies and the Dealers and slapping them with demand notices for payment of Local VAT disallowing exemptionunder sale in Transit
We would like to know the follwoing
1.Whether this stand is correct as it is genearlly believed that sale takes palce when Invoice is raised
2.Ultimate customer requires his address and ECC no to be mentioned in the Invoice for availing CENNVAT
3.Without a contract collection of c form becomes difficult
4.It is diificult to find a buyer when the material is under transit and still collect C Form for taking VAT expemtion of SAle in Transit under CST
We need clarity on the issue
Sridhar
after amendment can sec 44 AD cover all tpye of Business/sagment or cover only some specified business.
Union Budget 2009 states that there is no surchage and education cess on certain tds provisions. My question is;
1. From which date this provision is applicable - from the date of presentation of the budget or from the date of assent by the president or from 1.10.2009?
Hi all,
What would be the stamp duty levied for mergers and acquisition in the state of gujarat?? What would be the rate for the same?
Dear Sir,
can "C" forms of Sale in F.Y.2008-09 submitted in F.Y.2009-10
Dear All,
From which month new mahrashtra profession tax slab applicable ?
upto Rs 5000 Nil
5001 to 10000 Rs 175/-
10001 and more
then Rs 10001 Rs 200/-
What is the main difference between AOP & Society?
Does AOP also needs registration? if yes where to get it registered?
Dear experts
Could you please help me clear this doubt.
A company makes payments of Rs. 75, 150 1000, 5000,15000 etc to a contractor. All payments are in cash and no single payment exceeds Rs. 20000 but the aggregate payment during the FY is more than Rs. 1 lac. Will TDS be deducted on payments of Rs 75, 150, etc.
Thanks
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