My Client is a Manufacture of some heat measurement Item and also does trading of some imported items. It acquires some raw material from Import purchase by paying custom duty.
1. It purchases Material(importd from Belgium) for Reasearch & devlopmet purpose and utilised solely for inhouse R&D.
2. It purchases Materia(imported from Belgium)l for Trading.
3. It purchases material (imported from Belgium)for manufacturing and utilised in the process of manufacturing to make finished product (ie., heat measurement item). My query is that in which of the above three cases the client can get cenvat credit for custom duty paid. Can it avail Cenvat credit in all the three cases for Custom duty paid.
Thanks
Nayan Dey

Dear Sir, i'm running a partnership firm, were we do the designing and printing of brochures and others, we charge the customer in one invoice for designing and printing. we desgin it by myself and get the printing done from printing press. who gives me a bill with vat of 4-5%.

Pls advice me about what need to be the service tax. Also is there any tax exemption since i pay the printing guy the vat. Thanks in Advance.

please tell.
how to differentiate audit under section 44AD from Audit u/s 44AB in form 3CD REPORT.. in case assesse declaring income less then 8%.

is e-filling of audit report u/s 44AD mandatory, whose turnover is less then 1 crore and declaring income less then 8%


please reply ASAP

Mr. A is in receipt of Jobwork income which exceed Rs.10 lac from manufacturing of Gold Ornaments. It is purly a LABOUR Income(i.e. Mr.A received pure Gold and returns Ornamets manufactured from Gold received). whether service tax is applicable or not ?

Thanks in advance.

For the Asst year 2013-14 tax audit limit is upto 1 crore.A registered company who's turnover is less then 1 crore it is covered under which section. and what is the due date for filing of income tax returns and also elaborate what are the books want to maintain by that company.

Dear Sir,

Please suggest depreciation treatment of asset whose total of Accumulated Opening Depreciation and Depreciation during the year exceeds the Closing Gross Block under Straight Line Method. Due to this Net Block is showing a negative balance.

Kindly provide guidance on this.

Sir,

My Friend was attend a interview in a FMCG Company. The CFO asked him a question which he was confused to solve the question.

where the MRP is Rs. 100/-.
Market down=35% (Net of Tax).
VAT=5%
CST=2% with C Form.

I Just want to know the invoice price=?

Please answer the question with example.

Dear Sir,

I have deposit tds fist & secound quarter challan on old TAN No. and third & forth quarter tds challan deposit on new TAN

Please confrom me that who will the generate 16 form on tracks site.

D. N. Tomar

C.I Moulds are used in the manufacture of M S Ingots. The moulds have life of 4mths - 6 mths and than they are scrapped. In the Excise Laws, the moulds are capital items and CENVAT is accordingly available. I seek advice on the following issues:
1. Considering the above, is the mould a capital item or revenue expenses ?
2. If it is to be treated as capital item, what should be the depreciation charged in I.T Act as it has life of 6 mths approx.

Please advice preferably quoting ICAI Guidance note/ opinion (if any) and relavent case laws.

How to register a ex-service men security service?
and its Procedures?

give thank full advice