Dear Sir,
We have sold the manufactured goods by paying ED. After that these material were rejected by the vendor and returned to the factory. Plz. explain in detail what are the procedure for:
1) Inward of material (If these are subjuct to Re-work), Refund of ED already Paid, whether compolsury intimation to be given to the department etc.
2) Inword material is subject to scrap
3) If we had taken back the the material and reverse the duty paid on it in the monthly return, what will be the liability on us?

Plz..... Help. Vijay

Query 1:
Kindly elaborate on separate books of accounts for the purpose of Cenvat availment. is it enough that client maintains sufficient details in the financials or is it necessary to create a company and books entries in the same

Query 2:
Client is company operating in hotel industry. only few line of income is chargeable to service tax. can input credit be taken at 100%

I WOULD BE WANT TO KNOW WHAT IS THE SECTION CODE OF TDS DEDUCTION ON ROYALTY INCOME

HELLO, THIS ROHIT IS THERE IS SOME ONE WHO GUIDED ME FOR THE PURPOSE OF SREVICE TAX REGISERATION PROCEDURE.

WARM REGARD
ROHIT KUMAR SINGH
KUMRA BHATIA & CO
NEW DELHI

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