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Yogesh Rao
18 April 2014 at 23:35

Issue of c form and other benefits

Sir a company purchases most of its equipment and related stores, spares and cosummables from a state in India. The company office & Store are located in a Union Territory where these materials are received and GRVs are raised for accounting. However all the business activities involving the equipment and related items are in the neighbouring state from where the purchases were made. These items are issued and taken from the store to the operational site and used / consumed. Now question is whether C forn can be issued to the suppliers? The tax rates are different for the UT and the state. Grateful for a reply with reasoning.


Yogesh Rao
18 April 2014 at 23:23

Benefit of excise duty reduction

A car is booked with Ford dealer with token amount of Rs. 50000 on 02-02-14. At that time ex-showroom price is Rs. 8.28 lakhs. Subsequently in interim budget GOI reduced Excise duty from 12% to 8% for this car category. Now revised ex-showroom given is Rs. 8.22 lakhs i.e. reduction of Rs. 6000 only. My query is, assuming Assessable Value of car at Mfr's factory gate @ say Rs. 6 lakhs the Excise reduction of 4% comes to Rs. 24000. Should this benefit not be passed to final consumer (customer) and whether not passing of same tantamounts to "Unjust Enrichment" by the Mfr Ford Motors? Will be grateful for clarification of my doubt. Thanks in anticipation.



Anonymous
18 April 2014 at 23:18

goods transportation agency

dear sir
i have service provider of goods transportation agency and i have registered under service tax act and i will transaction of rs 18,93,000/- for the period Oct 2013 to mar 2014 and i will not collect any service tax. i will shown transaction in ST 3 return of rs.18,93,000/-.
please clarify


naveen kumar
18 April 2014 at 23:18

Reverse charge machanism

If an individual / firm providing a work contract service to private company . then private is liable to pay 50% service tax as per reverse charge mechanism of serive tax or not.


Harshit gupta
18 April 2014 at 23:13

Help me

sir..i filled my cpt examination form today and mistakenly filled the question booklet as hindi..can i change it to english


Nithin
18 April 2014 at 22:56

Tax audit

my partnership firm has a profit of 7 lakhs and b/f dep loss of 5 lakhs.... in this case should i allow remuneration first and set off the loss or set off the loss first and then provide remuneration?


Shubham Oswal
18 April 2014 at 22:00

Mat credit

How many years the Credit of MAT can be carried forward for A.Y. 2014-15 under section 115JB ?


Prakash Kumar Singh
18 April 2014 at 21:47

Itr

sir i have listen that now ITR V should be send by only speed post not by ordenery post?is it right?


shrikant
18 April 2014 at 20:21

Tds 194i 194c

Partnership firm has deducted and deposited TDS u/s 194C @1% on JCB hire charges and quarterly returns are already filed upto Dec 13. Actually TDS was to be deducted @2% u/s 194I. Now what is the remedy?



Anonymous
18 April 2014 at 19:50

Enquiry

What is the procedure for applying for ipcc after b.com.






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