Major Principal items of Transformer is Supplied by the Principal Manufacturer
&
Some Items are included by the Job Worker
& Manufacutre the transformer
&
then send it to Principal Manufacturer
whether excise duty is applicable on job worker
Whether job worker can availed 214/86 Exemption Notification
& If there is Service tax liable on Job worker already & already repair maintenance of transformer is done and its sales is approx.more then 1.5 crore then whether this sale is included in job work or not this is for ssi & non ssi

What is the Composition Scheme in VAT. How it implements. What is the normal rates for Composition Scheme.

Dear Sir,

We are buying material from Singapore based company who is having their local office in India. In this senario, seller is singapore and first buyer is local company in india (as per bill of lading). Indian buyer is keeping goods under custom bonded warehouse and filing warehouse bill of entry in his name (indian office). We are buying those goods by filing ex-bond BOE on our name on same exchange rate thru "Transfer of Ownership" deed between First indian buyer and us. Then he raise local invoice to us without sales tax / VAT. This seems as equal to High Seas.

I have few doubts for above transaction :
1) Is this valid transaction ?
2) He raised local invoice without tax, is there any sales tax liability arise to us in future ?
3)Usually consideration value of High Seas is CIF + 2%. If my CIF import cost is 1 lac then I have to pay duty on 1 lac + 20,000 (2%)? but we are paying ex-bond duty on assessable value without 2%. Is this valid ?

Respected Sir / Madam,

I had given Rs.190000 as a booking amount to the builder by cheque and the builder had given me a receipt for the same.
I want to know that, can I avail this amount as tax saving or not?
Thanks and Regards.

i dont understand plz clear me this topic. fast its urgent.

Dear friends i unable to open site of incometaxefiling pls. guide me.

Dear Sir,
i am working in one bank and handling TDS.
I want to know if any customer fills form 15g on 16th november (declaration date is 16thnov) and his TDS got deducted on 5th november.
Can we give refund to that customer??
Please note that TDS already been remitted to govt on 7 th nov.
please guide correctly.

Dear Sir,
We are going to form a partnership firm in Ghaziabad (U.P.). Whether we should draft partnership deed on the stamp paper of Rs. 750/- or we should draft it on Stamp paper of Rs. 950/-.
Please clarify.

If I contribute some money to my unmarried son for buying a flat/house in NOIDA, is there a possibility for me to claim any income tax relief? My son would also be utilising a housing loan, besides contributing some minor amounts from his salary savings, sale of shares, etc. I am senior citizen and would be contributing from retirement benefits. I am in 30% IT bracket. It is proposed to buy the house jointly in the names of my wife and son.

Client has extended financial year.

the due date for convening of AGM is approaching. Audit is also not complete.

What should be done to comply with law and buy time in this case