Dear Sir / Madam,

We have been exporting goods since August 2012 and we are entitled to 6.8% dutydrawback for our exports. Even our shipping bills have clearly mentioned the amount receivable for export for dutydrawback.

In the last 12 exports, we got dutydrawback for 1 export / shipping bill, while all others are pending with customs.

On enquiring, they informed us to get Non-Availment Cenvat Certificate from Excise Range Office. On contacing Range Office, the Excise Superintendent clearly mentioned that they cannot issue Non-Availment Cenvat Certificate since we are taking input credit for our purchased.

Now, since the dutydrawback is an export incentive, why do I need to submit a Non-Availment Cenvat certificate to customs? When I buy something under excise, and I sell in export, even then I am not utilizing this credit. Also, how is an 'export incentive' related to my excise purchase and sale? I do not understand why Customs is asking for this certificate. I smell something fishy.

Can someone clarify how we can tackle this issue? And how we can respond to Customs department?

We are starting a pvt ltd company with authorised capital of 1 lakh.

Since minimum paid up capital should be Rs.1Lakh.

is it compulsory to subscribe complete 1 lakh capital during incorporation itself?

Or

We can subscribe for Rs.50,000 now & Rs.50,000/- afterwards?

SIR, WOULD U HELP ME TO GET THE SIMPLE NOTE OF LAW & ETHICS AND COMUNICATION TO SOLVE PRACTICAL SUMS AS WELL AS THEORY PREPARATION FOR PREPARATION OF NOV-2013 IPCC EXAM.

i have tds deduct from wrong rate of tds

can have now also deduct defrence rate & deposite

wil i liable for panalty or intrest or demage

plz asist me

thank

What is the value of depreciable asset to be considered in the hands of purchaser at the time of slump sale.

Hello

I am staying at own house and partially letting out for rent. This is a residential house and it has only one house number. In that case do I need to consider it as two units?

For example
I am getting 14000 as monthly rent, and my premium on loan and interest come around 2 lakh each per year. In this case how do I furnish my Tax declaration?

Thanks

How many can we change firms for articleship purpose?
Can we do articleship beyond 3 years also?
What is dummy Articleship

i have purchase from local party but party h.o. interstate so my bill prasent exise & vat .
how clasifeid exise as exp. or duty

plz explain my duty for exise & vat tax also



thanks

Dear sir,

we are a manfg.co using tanker lorry for the purpose of fire water

water is taken from our Co. the only use of the vehicle is hiring of tanker lorry

It is covered under which service?

if the service provider will not claim service tax,do we need to pay Service tax under reverse charge?

Pls explain

thanks
karthik

Sir,

Interest U/s 36/2 of VAT Act is levied against which and appeal is pending before the commission whether such interest is to be treated as Tax for the purpose of disallowed U/s 43 B of Income Tax Act.If the same is treated as interest then will not be any dis-allowance.

Please give proper suggestion.