Sir

Pls advice me. If I accept third party chq payment against my receivable, does this come under the perview of Anti Money Laundering Act.

If so,Seeking a simple letter from third party for endorsing this payment will streamline the transaction.

Thanks & regards


Radhakrishna

Hi,
My company is a private ltd company with 1 crore paid up capital from 2003 We have taken compliance certificate for f.y.2003, but did not submit any form to ROC. Now Form 66 has started so should I file Form 66 for F.Y. 2004,2005,2006,2007 and for 2008.

Please explain me.

Hi,
My company is a private ltd company with 1 crore paid up capital from 2003 We have taken compliance certificate for f.y.2003, but did not submit any form to ROC. Now Form 66 has started so should I file Form 66 for F.Y. 2004,2005,2006,2007 and for 2008.

Please explain me.

can anybody tell me before 24/02/09 we will chage @ 12.36 now we will charges

My client paid to fees to his client DEDUCTING T.D.S.(PAID NET AMT) on that total amount service tax should charged(Amt+T.D.S) OR THE NET AMT SERVICE TAX CHARGED?
IN SHORT S.T. CHARGED ON GROSS AMT OR NET AMT.?

Please confirm regarding any change in notification No. 03/2004 CE dated 08.01.2004.
*******************************************
8th January, 2004

Notifications No. 3 /2004-Central Excise

In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts –

(i) All items of machinery, including instruments, apparatus and appliances, auxiliary equipment and their components/ parts required for setting up of water supply plants; and

(ii) Pipes needed for delivery of water from its source to the plant and from there to the storage facility,

falling under the First Schedule to the Central Excise Tariff Act, 1985 (5 of 1986), from whole of the duty of excise leviable thereon under the said First Schedule, subject to the condition that a certificate issued by the Collector/ Deputy Commissioner/ District Magistrate of the District in which the project is located, is produced to the Deputy Commissioner of Central Excise or the Assistant Commissioner of Central Excise, as the case may be, having jurisdiction, to the effect that such goods are cleared for the intended use specified above.

Explanation.- For the purpose of this notification, water supply plant includes a plant for desalination, demineralization or purification of water or for carrying out any similar process or processes intended to make the water fit for agricultural or industrial use.

2. This notification shall come into force on the 9th day of January, 2004.

G.S. Karki
Under Secretary to the Government of India

F.No. 354/159/2002-TRU

Does anyone have the Excise Tariff Notification for the latest 2% excise duty cut?

If i register for CPT course now..
when can i write the Exam..
will i be eligible for this june exam...

hi! I need to know the rate of excise duty applicable to various fmcg goods. I am not able to find various fmcg products like hair oil, shampoo, toothpastes, soaps, detergents, Chyawanprash, glucose, honey,digestives, Air Freshners, Mosquito Repellent, Floor cleaner, dish wash, Toilet cleaner, Kitchen Cleaner, skin cream, etc under the Schedule I to Centarl Excise Tariff Act. I have checked the Tariff details given chapterwise on cbec site. However there it does not have details of all chapters & all items. Can some1 tell me the details of the rates applicable along with the respective product's chapter, heading & sub heading no. under Schedule I of Tariff Act? Please tell me where to find these tariff product details? Also what are the exemptions available to such goods? Aslo in case of products based on MRP based valuation, what is the speciic abatement rate for the product?

Kindly clarify the rates applicable to :

1) Service rendered on or before 24 Feb 09 but bills raised after 24 Feb 09

2) Advances received on or before 24 Feb 09 but services rendered after 24 Feb 09