Sir, If an Indian Company imports goods by chartering a flight and the agent for this is outside India and payment is made to the agent by remittance in Foreign Exchange. Is Service Tax Applicable for the Importer as a receiver of service ??

HONOURED MEMBERS...PLZ RESOLVE MY QUERY.

I M A CA FINAL STUDENT AND DOING ARTICLESHIP.THERE WAS MY COLIGUE , PCC STUDENT UNFORTUNATELY DIED IN A ROAD ACCIDENT.SO PLZ SUGGEST US WHAT ARE THE PROCEDURES WE MUST FOLLOW TO TERMINATE HIS ARTICLESHIP.....?..ITS VERY URGENT!

Sir, I want to know the procedure of application for industrial training.

Can I go directly to the company which is eligible for this purpose and hand over my CV to them?

Sir Plese do tell me that what is the procedure on ''ground reality''?

Dear Sir,

We have 2 companies, one is a pvt ltd company and other is a proprietary firm. We now want to make them as one company by our Pvt Ltd company taking over/acquiring the Proprietary Firm. Kindly let us know the procedure for the same.

Or else can you please suggest us some better way of diluting the Proprietary firm and to make it a part of the Pvt Ltd company.

Thanks for all your help.

Dear sir,

i want to learn the finalisation of balance shaeet, starting point to point. please help me.

What are the documents require for MSMED registration (Under Service Category)& also Provide us Correspondance Address for the same

If a Company having a canteen contractor who raises monthly Invoice with VAT 12.5% can the Company claim the Set Off.

We are availing transport service from transporter for Molasis, Sugar and Fo transportation from respective factory to our unit and we & Transport contractor are not paying service tax on above service.

So, pl send me details clarification for above query with narration.

Dear Sir,
As Member Of This Community this is my first letter in which i would like to have solution from the members on a case, the details of which are given below.

I have sold spares to 'A' Customer under VAT@12.5% The Details of Proforma Invoice, Payment Received & Tax Invoice are as below.

A) Proforma Invoice B)Payment received
Dated 2/7/2008 Dated : 4/7/2008
Spares : Rs. 7095 Spares : Rs. 7095
VAT@12.5% : Rs. 887 CST@2% : Rs. 142
Transport : Rs. 130 Transport: Rs. 130
Total : Rs. 8112 Total : Rs. 7367

C) Tax Invoice:
Dated : 27/7/2008
Spares : Rs. 7095
VAT@12.5% : Rs. 887
Total : Rs. 7982

Now i would like to know, how to treat the above situation when the company has filed IT Return On Tax Invoice amount Of Rs. 7982.00 (Under Vat Billing)& Payment RECEIVED from client Rs. 8112 ( Under CST Billing) The Company is in Loss Of Rs. 725.00

Kindly guide me the above situation & give me the solution

Thanking You
Regards
Jayesh Kharche
Nagpur

what is the meaning of letter of credit & how many parties are involved in this.