I have cleared IPCC both group and I m going to compete my 1 year of articleship on 13 Feb 2014 , I want to know whether I m eligible for industrial training and when can I start my industrial training. thank you in advance...

Dear experts
1. Whether CENVAT (Excise) and central sales tax are same?
I mean excise duty is impose on production of goods and CST like VAT imposed on sales of goods from one state to other state i.e. interstate sales.
I am also confused with credit available from input to output duty. I am drawing my confusion with different conditions in examples for having the pleasure of your understanding of my doubt as:
2. A ltd. of Delhi purchase raw material D for production of material E. it has paid excise duty rs.5000 charge by supplier on material D. And A ltd have to pay excise duty rs.8000 on material E. so 5000 less 8000 = 3000 tax liability have to pay by company?
3. Whether A ltd in addition of excise duty have to pay CST, if it sale goods to outside state i.e. inter sales. & if so than excise duty input and excise duty output with CST can set off?
4. Whether A ltd in addition of excise duty have to pay VAT, if it sale goods within the state i.e. intra sales?
5. If A ltd. of Delhi purchase raw material D from trader (Gujarat) for producing material E. while trader( Gujarat) purchase raw material D from B ltd( Punjab) on which it paid input excise duty rs 5000. Now trader (Gujarat) charge rs 9000 (rs 5000 excise duty paid by him to B ltd. & rs 4000 CST) from A ltd. And A ltd have to pay excise duty of material E rs 18000. Whether A ltd can claim CENVAT credit as 9000 less 18000 = 9000 tax liability?
6. A ltd sales material D to trader F & charge rs.8000 excise duty. Now if trader F sales goods to trader G of Bangalore (inter sales) & charge CST rs 10000 than. Whether trader F can claim credit as 8000 less 10000 = 2000 tax liability?
Dear sir/madam now you can imagine the nature of my doubt which relates to CENVAT (excise duty) & CST imposition and credit claim.
I am referring indirect tax book of author V.S. datey.
Please explain the above doubts.

SIR, IF YOU DESIRE TO UNDERGO CA INDUSTRIAL TRAINING IN THE 3RD YEAR OF ARTICLESHIP, SHOULD YOU CHOOSE AN APPROVED COMPANY IN YOUR OWN REGION OR ONE CAN UNDERGO INDUSTRIAL TRAINING ANYWHERE ACROSS THE COUNTRY/ABROAD. THANK YOU FOR YOUR REPLYING

I have revalidated my reg. In sept.2009. letter received from icai states that it is valid for 5 yrs. Do I have to revalidate as per 2013 rule ? Pl. Guide since I want to write my final ca exam in june 2014..thanks.

How many times can any article change articleship from one ca to another. What are the limitations

Hi Sir/Madam,

Icai has allowed the ca students to write exams group wise option(single or both).

Why it is not giving ranks groupwise?

Nov 2013 - My friend has written Ca final 1st Group.He got 350 Marks.

Which is equal to IPCC both groups PASS % .

Due to lack of time in articleship,
He wrote only one group.


Kindly share the link regarding this ,which is
Issued by ICAI recently.

which books should follow for ipcc. without coaching can possible?

I hav registered for article ship in aug 2013 can i attend gmcs old since seats are not available for gmcs1??

I want to ask the fees for re-evaluation of c.a. final exam paper for individual subject,one group and both group papers? Fees reduced to Rs. 100! but maximum Rs. 400 for one group or both group?
Kindly help to resolve the query?

Dear Fraternity Friends,

Can someone please tell me what is the scope for CPE. Is it a good option for a CA to do this course?