While calculating Min. stock we need average rate of consumption n that why we take Average of units (in formula) to b produced multiply by usage per unit of product?Any specifis reason?

As per ST rule ,any expenses incurred by provider for rendering services are liable to st but any expenses incurred by provider on behalf on recipient are not liable to st.Suppose in a case it is specifically written in agreement that conveyance exp are to be reimbursed at actuals to provider by recipient then in that case whether provider is liable to charge st on reimbursment of conveyance exp paid by him?
will this expenses comes under purview of exp. for providing services OR under purview of on behalf of recipient.
Pls clarify my both questions.

Hi all,
I am Associate member of the Institute. Now I am in London and studying ACCA and SAP FICO. But I have not informed the Institute about that. Is it necessary to inform or fill any form? Please guide me. I am here since last two months.

Thank you.

Regards

can anyone quote the section which deals with time limit for issue of share after receiving money towards share capital.

can we take credit for service taxes payment made on services bills (govt bills) etc. while calculating monthly service tax payment in the case of a Pvt Ltd., Compnay.

the company has not claimed so far any credit from april 08 onwards and made all payment on account of service tax due till date. is it possible to claim that in next month. (Oct service tax return already file with out credit)

please advise.

thanks

XYZ dealer located at Pune, Maharashtra, purchases goods from PQR Chennai, Tamilnadu with 2% CST . Same goods are resale to ABC Thane, Maharashtra. In this case while reselling the goods which sales tax is applicable, whether VAT or CST? In this transaction goods are directly deliverd from Chennai to Thane & Invoiced to Chennai to Pune .

with reference to Delhi Vat and U.P. Vat,input credit in respect of Spares of Machinery which are charged off to P/L A/c will be allowed whether in one year or Three year?

What is purchase requisition?

Give points that differentiate bin cards & stored ledger?

Give points that doffirentiate perpetual inventory & continuous stock taking?