Our Co. is engaged in export of Handmade Carpets. we purchases the yarn from market after that gives to the contractors on jobwork basis who is not independent and carpets have been prepared.
There after we have made export other than nepal and bhutan and also we have registered under SSI but we have not to pay excise duty in the financial year 2010-11 and earlier year. As i know Excise duty is not liable to pay on handmade carpet i.e. in other words there is exemption to pay exise duty on hand made carpets but we dont know that under what section or notification exemption have been given however, the said exemption has been withdrawn in budget 2011 vide notification no 1/2011 dated 01.03.2011

Please suggest me under what sections or notification exemption have been given to manufacturer upto financial year 2010-11 and whether the product is dutiable under the Excise Act or not in the financial year 2010-11.

Please solve the my query ASAP.
I will be grateful to you

A Company issues shares of Rs.10,00,000/- to its employee free of cost. then what should be the accounting entry in the personal books of account and what is the tax liability on this.

Im getting too much fear how to clear Icwai inter financial accounting paper. Because more topics r there and i dont know which chapter is more important in that. Because many chapters r tough in that. Please help me.

i want to know the vat rate applicable on restaurant's bill in different states of india and the assessable value on which such vat will be levied.

Hi Expert
Im doing icwai inter, going to write both group in dec13. Most of the people saying that group1 is tough that group2. Is it so? I want to manage my studies along with my work. Can u please give me some ideas to clear my exams..

I open a enterprises on servicing of CT scanner, so i need to submit a project report
to MSME so can you help me for this report, detail related to project are given blow

project: service & maintenance of medical equipment
Firm: Global healthcare solutions
Location: Hyderabad, A.P.
Capital need: 60,00,000 INR
Machine: Computer tomography
(i)unit:4
(ii)cost:60,00,000 INR
Capital from bank:45,00,000 INR
Project detail: Here we need to fix these equipment for checking spare part of the diagnostic center equipment whose are taking maintenance from us. & we all are Technical graduate (B.Tech.) from respective field.

so, please give me demo project report.
Thanks & regard,
gaurav jain

can we purchase capital goods against C Form in delhi ?

As per justifcation defualt report generated form TRADES, we have paid interest on delay payment of TDS for the F.Y. 2011-12. Is it compulsory to file revised return of TDS for the F.Y. 2011-12 ?

there is any difference entity wise like proprietorship, partnership, companies and like manufacturing and trading concern in respect of reverse charge mechanism.

please tell me in detail.

Thanking you

How to apply for articleship in Big4 firms?