Dear Sirs,

We have paid BCD on exempted goods and the amount is expense out as additional cost of Raw Material in 2011-12. Financial Audit is also completed.

Now we come to know that those material is exempted and applied for re-assessment and refund.

Can we prove unjust enrichment by passing JV in current year for Debiting Receivable from Govt. and credit to Import Purchase Account?

Thanks,

WE ARE MANUFACTURER, BEING PURCHASES MATERIALS FROM VARIOUS SUPPLIERS. THESE SUPPLIERS ARE SENDING MATERIALS THROUGH TRANSPORTERS . WE ARE PAYING TRASNPORTER BILLS REGULARLY.

WHAT IS RATE OF SERVICE TAX ON TRANSPORTER PAYMENT.

PLEASE CEARFY.

VINAY KALE

Dear sir,
I am in big problem. I cleared my IPCC both groups. Same way joined in article ship. In my firm no work. daily come and sit ideally. Its very hard to spend a day. By seeing these situation i am loosing my aim to become a C.A. I have degree certificate, so breakup CA and planning to go for Civil Exam. Like these dirty thought are coming. I think my sir did't give termination. One of my biggest problem.

Please help me to come out of these thoughts,

OUR MANUFACTURING UNIT IS UNDER CONSTRUCTION ,LOCATED AT LUCKNOW ,U.P.. WE ARE DOING PURCHASES SUCH AS BUILDING MATERIALS, PLANT & MACHINERY, INSTALLATION ITEMS &EXPENSES FOR PLANT &MACHINERY ETC. ALL SUPPLIERS AS ABOVE MATERIALS ARE BEING CHARGED OUTPUT VAT ON THEIR INVOICES.THEY ALL AND OUR COMPANY ARE REGISTERED UNDER U.P.VAT DEPARTMENT.

ARE WE ENTILE TO AVAIL INPUT VAT UNDER CAPITAL GOODS EXPENDITURE.

PLEASE CLEARFY IT.

VINAY KALE

If the buyer buy the immovable property from unrelated party at a value which is less than its market value (diff of market value & agreement value is approx 10lks). Is there any tax liability in the hands of buyer under the head Capital gain.

For every year partnership firm has to file returns, my question is what is the consequences, if a firm is registered on 1.4.2011 and disolved on31.3.2012 and no transactions are there in it and PAN has not applied for it........

A - Kolkata purchase goods from B - (Mumbai)
B raised invoice in the name of A and sent it to GTA (Good transport Agency)
From GTA place A sold the goods to C - Nagpur (Maharastra)
How to deal with this matter as invoice is already issued by charging CST and sent to GTA.

WHAT IS SECURITIES TRANSACTION TAX?.

Treatment of minority interest loss in balance sheet while preparing consolidation of accounts.

Sir,
Selling of space for Advertisement in News Paper is liable to charged ST or Not??

Please Help
Thanks.