An assessee purchases raw material on which he has to pay vat of 15%, however the finished product is exempt from vat, is assessee liable to take TIN number ? and if he takes tin number than can he claim refund of vat paid by him on raw materials ?
What are the requirements of formation of Audit Committee in Limited Comapy and also give the criteria for formation of Managerial Remuneration Committee.
IS EXEMPTION IS AVAILABLE FOR LLB DEGREE HOLDER OR CA INTER IN ICSI (COMPANY SECR.) COURSE?
PLESE
... hi all...
i had taken a transfer om 24th march 09'(before the new rules were announced)..
iv submitted the form in april...
had a query that will it accepted.. as my date of tranfer and re-registration under another CA is before 27th march..ie. the date of the new notification...
How we should treat exp. related to increase in authorised capital . whether we can treat as preliminary exp. and write off in 5 years or we should treat as roc expenses and in computation disallowed them .
Dear Sir/ Madam
I want explain my query by following illustration
I purchase cement form A amounting Rs. 100000, and paid Rs. 2000 for freight to transporter B and also paid Rs. 500. For loading unloading to labour. Total cost of cement is come to Rs. 102500 but when I make entry in tally of above transaction in this manner (i) I use purchase voucher for entry of first Transaction Crediting Vender and Debiting Purchase A/C by Rs. 100000/- and (ii) used payment voucher for entry of freight , loading and loading . But my problem is the cost of Cement hit in the inventory is Rs. 100000/- only instead of Rs. 102500. I want to know, is there any other way to make this entry to stay away from this problem.
Thanks and regard
From where I can search the premises code
Thanks every one. Now I got it.
Refund of VAT