Anonymous

Dear Sir,

our unit in Mundra SEZ area we have taken tax exempted certificate from SEZ commissar.

but, question is when our guest stay in Mundra Hotel (out side SEZ area) hotel charge us to service tax on his bill.

we applicable for this service tax ?
if not so, please provide Rule & section for this matter.



Anonymous
12 January 2013 at 20:10

Tds

can we take cenvat credit of cst


Pankaj

BY OVERSIGHT CLINT MENTIONED FOLLOWING IN SOME TAX-INVOICES MEANT FOR SALE IN TRNASIT U/S 6(2)
"CST INCLUDED AGAINST C FORM"
CST & FREIGHT INLCUSIVE AGAINST c FORMS"

c FORMS RECEIVED AND ISSUED AS WELL AS E-I FORMS RECEIVED AND E-II FORMS ISSUED. NONE OF THE CENTRAL FORMS ARE REJECTED

A.O DEMANDING C.S.T ON INVOICE AMOUNT CLAIMING PARTY HAS COLLECTED THE TAX FROM BUYER WHERE-AS PARTY IS CLAIMING THAT BEING TRANSIT SALE NEITHER HE HAS COLLECTED ANY CST NOR ANY TAX IS PAYABLE BY HIM AND HE IS MERELY INCLUDING CST PAID BY HIM ON CST PURCHASES IN SALE PRICE OF HIS INVOICES.

PLZ ADVICE REGARDING:
LIABILITY TO PAY TAX ?
SIMILAR CASE LAWS, JUDGEMENTS,
CASE LAWS ON REIMBUSEMENT OF CST PAID IN SUCH TRANSACTIONS


VIKKI SINGHVI
12 January 2013 at 19:42

Interst on housing loan

One of my assessee has taken housing loan in two names but whole installment is being paid by only one person. So whether the other person can get deduction of interest on housing loan & repayment though he is not paying? What will be the accounting treatment?


VIKKI SINGHVI

My one assessee is a contractor of cutting & folding. He has gross receipts of around Rs. 11.50 lacs in FY 2012-13. So whether he is liable to pay service tax?


CA ANKIT GADA
12 January 2013 at 19:15

Del credere commission agent

One Del credre Agent has a gross Commission of Rs.1,00,000 but his principal deducted 35,000 for non payment of customer & finally he received Rs.65,000 in hand

So my Question is as on 31/3/2012 weather Service Tax is chargeable on 1,00,000 or 65000????

Please suggest answer with any notification?



Anonymous
12 January 2013 at 18:23

Turnover

ONE OF MY CLIENT IS TOUR OPERATOR.HE GETS ADVANCE AMOUNT FROM HIS CUSTOMER AND FROM THAT AMOUNT HE ARRANGES FOR HIS TICKETS AND HOTEL AND OTHER FACILITIES.
IN THAT CASE WHAT WOULD BE THE TURNOVER OF MY CLIENT. THE AMOUNT HE RECEIVED AS ADVANCE FROM THE CUSTOMER OR THE REMAINING AMOUNT AFTER INCURRING ALL EXPENSES FOR THAT CUSTOMER WHICH IS THE PROFIT OF MY CLIENT.
PLEASE GUIDE WITH THE HELP OF SUITABLE DECISION IF ANY.
THANKS IN ADVANCE



Anonymous
12 January 2013 at 18:10

Nri fund

Can an Indian resident - citizen borrow the fund from NR -Foreign citizen to buy the property in India

The fund is given in foreign currency

Any regulation from RBI to take the loan and to buy the property ?????


Fund is borroed on non repatriation basis.



Anonymous
12 January 2013 at 18:00

Loan from director's relative

can a pvt. ltd. company take a loan from relative of the director without allotting him shares or without making him as member of the company?



Anonymous
12 January 2013 at 17:26

Final registration

Sir,
i had registered for my articleship from 3-Jan-11. Can you please let me know what is the final date for the registration to appear in Nov-13 attempt of final examination?






CCI Pro



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