Nihit
28 September 2013 at 16:48

Why export duty?

Import duty is levy to control imports for protection of domestic business then why export duty levy required?


nikita jain
28 September 2013 at 16:47

Company bill

kya Ca final ke may 2014 exams ke liye company bill applicable hoga???



Anonymous
28 September 2013 at 16:45

Incorporation of sec.25 company

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 ???


Jayshil
28 September 2013 at 16:33

Service tax on lic

Service Tax is applicable on LIC from 1st Oct., 2013. But why the rate os Service tax is 3.09% and not 12.36%?


CA. YASH DILIPBHAI HARIYANI
28 September 2013 at 16:17

Salary slip for ceo

I required format of Salary slip of CEO as per current scenario


RAMESH SHARMA JANGID
28 September 2013 at 16:13

Work contract

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


sumit
28 September 2013 at 16:11

Articleship registration

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?


yogesh singh rajput
28 September 2013 at 15:59

Interest on late deposit of tds

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.



Anonymous
28 September 2013 at 15:34

Central excise problem plz slove

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



Anonymous
28 September 2013 at 15:26

Tax collection at source

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






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