can an importer of computer hardware who repackages and resells in indian market take set off of SAD paid on import against domestic service tax liability being computer advisory services ?

It registered under central excise after 6 months of importing these goods. (It does not have any excise liability as its turnover is less than 1.5 crores.)

regards, ca kunjan shah, 9820750784, www.nsc.in

I bought one used mobile phone from Norway .it has reached India about one month back. at first I received a letter from office of customs asking remittance and invoice copies. I have submitted the copies through Indian post. again I received another letter after 20 days asking NOC from Ministry of Environment and forest(DGFT) regarding electronic waste. and also they have requested to arrange a customs approved charted engineer for valuation of used goods.

first of all it won't come under e waste. I'm importing that one for personal use not for dumping.

how can I proceed further? How to get NOC from ministry ?

I want to get registered to ICWAI.
If I have passed CS Executive will I get exemption in 2 papers of ICWAI Intermediate.
If I get the exemption what is the last date to submit exemption form?
I am writing my examination on June 2014.
For how many months should I work to gain practical experience as ICAI has 36 months.

Dear Sir / Madam,

In case Service Tax delay payment,
What is the Calculation of Interest & Penalty
Plz Clarify with Example ?

m jst completed my graduatin....how i ll start my perpratn...i ll give both groups of ipcc in may....which subject should i strt firstly?????
plzz help meee

As per service tax rules service tax liability accrues on which date? when a services is rendered and no invoice is made within 14 days of completion of service and no payment is received.
If answer is on the date of rendering of service then we have to pay service tax to the gov. without receiving it from client.
Afterwords if we cant recover any amount from client then what to do??

Is attending CPE hours is compulsory? what happened if not attended?

dear sir

give me a suggestion that : i have to enter electric bill from 1.03.2013 to 2.04.2013 having Rs. 8500.00 due as on 8.04.2013 i have to pass two entries

iN F.Y 2012-2013
Electricity expense
Prepaid Electricity exp

Electricity expenses payable

In F.y 2013-2014
Electricity expenses A/c
to Prepaid Electricity expense ?

or In expenses taken as provision fully in f.y 2012-2013 as
Electricity expense A/c Rs.8500
Electricity expenses payable 8500.00

Dear team,

A Company paid MAT during FY 2012-13 regarding Mat for the year 2010-11 based on reminder demand notice received during FY 2012-13 along with 234 A,B,C Interest, my doubt is whether Mat paid in excess of Income tax exclusive of cess, surcharge and interest can be can be carried forwarded for successive 10 assessment years since the company paid tax along with 234A interest.

Facts are as follows...

For FY 2010-11 Income tax is nil
so company doesn't paid any tax. during the FY 2010-11 company received demand notice to pay mat along with all interest, but company doesn't paid any tax during 2011-12, again the the company got remainder notice during 2012-13 FY and paid the tax along with all interest.

Sir,

statement of Profit and Loss (Revised Schedule VI) - Revenue from Operations are more than 1 core:

My question is; (a)If Sale value of products includes; (i) Sale of products value, (ii)Excise Duty & (iii)Sales Tax(VAT/CST).

And as far as Sales tax collections & payments thereon are concerned;
In each & every month it involves 2 points;
1)Collection of sales tax shown in sale bills separately.
2)Payments will be made to the concerned department after deduction of the following;
(a)Input Tax Credit (separately accounted on all eligible purchases made)
(b)Deferred Sales Tax (eligibility awarded by local state government)

Then how to disclose the following in statement of profit and loss & in its notes;
1) sale of products value - Gross/Net ?
2) sales tax collections made
3) Input tax credit
4) sales tax payments made
Thanks,
Koteswara Rao