hello sir i want to know that what is the rate of excise duty currently. are rate of excise different for all manufacturers or there is any general rate of excise duty & also what is the criteria of applicability of excise duty

Hai experts

Wn a company paid amount to contractor without deducting TDS which is work in progress can it show unter W-I-P?

Is it capitalised next year?

newyearcelebrations whether under fbt or not

AS PER COMPANIES(DISCLOSURE OF PARTICULARS IN THE DIRECTOR REPORT)RULE 1988,SCHEDULE OF LIST OF INDUSTRIES WHICH SHOULD PROVIDE INFORMATION OF CONSERVATION OF ENERGY IS GIVEN IN IT.BUT IN SAME RULES, LIST OF INDUSTRIES TO PROVIDE INFORMATION OF TECHNOLOGY ABSORPTION IS NOT GIVEN.
WHAT DOES IT MEAN?DT ALL COMPANIES HAVE TO GIVE INFORMATION OF TECHNOLOGY ABSORPTION IN "ANNEXURE B" WHOSE FORMAT IS GIVEN IN RULES.PLZ CAN ANY ONE CLARIFY OR INTERPRET THIS.THANKS IN ADVANCE FOR CONSIDERING.

Hiee...
let me please know about partly repayment of loan more than 20000.for examp. one has taken a loan of rs. 25000/- can he repay this in two instalment of rs. 15000/- and 10000/- during the current year. if ans. is no than let me know will he be liable for any penalty. one more Q. can he repay his loan in cash partly in upcoming 3 or 4 financial year.i.e 10000 in current year 5000 in next year and rest in upcoming year.

Hi, Dear all
can any one share his knowladgein respect of following matter

My clints is a private ltd co Ho at Nagpur and open a new branch at nasik during 2005-06 and trasfer plant & achinery on excise Invoice without vat as branch trasfer and also sale certain raw material and final product on tax invoices imposing vat, Vat is imposed because branch again sold that material to to HO'S Pre determined buyer AT NASIK
( new branch has taken separate excise ,service tax and vat no ) because there is judgement of SC that if buyer is pre determined then trasfer to branch is treated as sale.

Now Sales tax Officer audit has dis allowed that Vat saying that trasfer to branch is not sale and therefor there is no question of imposing vat on such trasfer
is ther is any case law similar to this Case in VAT (there are no of case laws in cst) but the officer demanding Vat or BSt case law

Dear Friends,

Please guide me:

1.whether minimum CPE hours are compulsory?
2.what are the consequences of non compliance of minimum CPE hours requirement?
3. I have not heared of any action taken against any member for non complaince of CPE hours & many of practising & CA in inductries are not compling with this CPE hour requirement?

Please guide.

Dear all/Res.

In Budget,2009 following explanation is inserted in Cenvat Credit Rule, but no credit on cement, steel, angle etc. for construction of factory building, foundation of Plant and machinery and supporting structure of Capital Goods.

But before budget, 2009 we all was taking credit on supporting structure of Capital Goods.

In my opinion, we can avail Cenvat Credit on Supporting Structure of Capital Goods which were purchased before budget,2009.

Am i right
I am looking forward for your valuable advice.

With Regards

Pankaj Naidu
pankaj.naidu@adityabirla.com

ON WHICH COMPANIES ACCOUNTING STANDARD 15 (GRATUITY)APPLY.THANKS IN ADVANCE

when and on what value the service tax is chargeable under work contract. suppose there is service provided under work contrat of which gross bill on date 20/06/2009 is Rs. 5,00,000/- with vat as 12,000 and amount received against the bill is Rs. 2,00,000 on 25/06/2009 and Rs. 3,00,000/- on 7/7/2009. then how tax is calculated.