Import duty is levy to control imports for protection of domestic business then why export duty levy required?
kya Ca final ke may 2014 exams ke liye company bill applicable hoga???
If my authorised Capital of the company is 50 crore than at the time of filing for incorporation i need to pay any amount to ROC or i just need to pay the form fee ???
And if i need to make the any payment to ROC than why ???
Service Tax is applicable on LIC from 1st Oct., 2013. But why the rate os Service tax is 3.09% and not 12.36%?
I required format of Salary slip of CEO as per current scenario
Please tell me ,Which option would be better and is my calculation correct?
for my client
Nature of service : Bus body Fabrication on New chassis supplied by bus owner
Total amt charged Rs. 1,000,000 per bus
Raw material+Tolls and other cost by our client is Rs. 700,000
Vat Input on above (5%+13%) Rs.90,000 Aprox
Labor charge paid to contractor for this work Rs.100,000
Material supplied by bus owner him self of Rs.150,000(What would its treatment ?)
Profit Rs. 50000.00
Vat Payable @ 13% on 10,00,000 i.e.Rs.130000
MY SOLUTION:
OPTION 1
Rule 2A (i)of Service Tax (Determination of Value) Rules, 2006
Total amt charged Rs. 1,000,000
Less : value of property in goods transferred
Raw material used by our client+VAT Rs.790000
Labor charge paid to contractor -nil
Value of service portion Rs.210,000
S.Tax @ 12% on Rs. 210000 = Rs. 25200
OPTION 2
Rule 2A (ii)of Service Tax (Determination of Value) Rules, 2006
Total amount charged Rs.1,000,000
40 % of original work = rs.400000
S.Tax @ 12% on Rs. 400000 = rs. 48000
Please Suggest me
what is the difference between college seal and its stamp?sir,my pricipal has signed all the documents require for articleship registration but he has not written the word attested.although he put his stamp where his membership number was written.will it cause any problem during registration?
Dear Experts
Please reply my confusion about Month calculation for determine interest on late deposit of TDS.Suppose
1 Dt of Deduction 5/04/2012
Dt of deposited 10/05/2012
Month will be 1 or 2 ????
2 Dt of Deduction 15/04/2012
Dt of Deposited 10/05/2012
Month will be 1 or 2 ????
according the above example again my qus. is that if one day delay for deposit then always calculate 2 month means there is no rule for 1 month.
1. Contracted price for delivery at buyer’s premises: ` 8,00,000. which included the following: (i). cost of drawings and design ` 4,000; (ii). Cost of primary packing ` 8,000 ; (iii). Cost of packing at buyer’s request ` 10,000; sales tax 28,000 and excise duty 12.36%; (iv). Octroi ` 2500; freight and insurance charges paid from factory to warehouse ` 20,000; (v). actual freight and insurance from place of removal(warehouse ) to buyer’s premises ` 45,600 Find Assessable Value
2. Tej Ltd. cleared 5 lakh biscuit packets each bearing a retail price of `20. Due to delay in transportation, the quality was affected and the goods had to be sold in public auction at Rs 10 per pack. The goods are notified under section 4A and Abatement rate is 35%. Find out the assessable value.
3. Calculate the assessable value from the following information: Total production 3000 units; sold 750 units @ 200 per unit and 950 units @ 190 and 150 units were distributed as free samples. The prices above are excluding taxes.
Solve this problems plz
any body knows answer of this question. pls reply
when i purchased a alcohol i give a tcs on it at a applicable rate. and i made a entry:
purchase a/c DR.
tcs a/c Dr
To parties.
BUT MY QUESTION IS IF I MADE A TCS ACCOUNT THEN IN WHICH ACCOUNT TCS ACCOUNT IS CLOSED.
AND WHY...
PLS. PLS. REPLY
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Why export duty?