Pl tell me about issue of Service Tax on Transporation of Above Rs.1500 & Above Rs.750 ????

Hi experts

Following is the para from the Export of service rule, 2005....

4. Export without payment of service tax.- Any service, which is taxable under clause (105) of section 65 of the Act, may be exported without payment of service tax.

5. Rebate of service tax.- Where any taxable service is exported, the Central Government may, by notification, grant rebate of service tax paid on such taxable service or service tax or duty paid on input services or inputs, as the case may be, used in providing such taxable service and the rebate shall be subject to such conditions or limitations, if any, and fulfillment of such procedure, as may be specified in the notification.1


Does it mean that export services can be provided and that is also without payment of the service tax at all.(for eligible services)Or whether service tax is required to be paid on export of service and later on we can apply for refund of the service tax paid on export of services.

And also clarify that whether service tax paid on all the input & input services utilised for providing the export services are eligible for Rebate/refund?

Thanks
Rohit

Hi friends!

can you pls. let me know that when a pvt. ltd company issues share certificates to its members and there are only 2 directors then who can be the Authorised Signatory for signing the Share Certificate?

With Regards
Deepali Tandon
ACS

Dear Sir,

We are giving daily allowance Rs.100 per day as per attendence wise to our sales executive for visiting to distributor,fooding, conveyance & others. So tell me sir, FBT required to pay on this daily allowance.

IS IT NECESSARY FOR EVERY PRACTISING PROPRIETARY CA FIRM TO HAVE A REGISTRATION NO.? SECONDLY IF THERE IF NO REGISTRATION NO. OF THE PROPRIETARY FIRM,IS ARTICLESHIP DONE IN SUCH A CA FIRM CONSIDERED VALID??

suppose there is any amendment in law or income tax, that will be applied to May 09 students ???

and applied then amended section list will be supplied to us????

the details of the situation are as follows
1.company is located in USA
2.the above company has wholly owned subsidiary in india
3.the CEO is a US citizen who is also one of the 4 directors
4.two Directors are indians and other two directors are from USA , one of them is CEO cum director
THE QUESTION IS CAN THE CEO, AN AMERICAN ,BUY LAND IN HIS NAME FOR BUSINESS AND RESIDENTIAL PURPOSE IN INDIA.
5.which of the statutes affect the above situations

whetther FBT is applicable or not on death cum Voluntary compensation paid to legal heirs of deceased employee since its part of staff welfare expenses.If not payable than why????????

wat shud be da ex rate at which goods imported & sold at high seas be recorded??

Hi

Please help me to solve this question.

D. Ltd. issued 2,00,000 shares of Rs. 100 each at a premium of Rs. 20 per share payable as follows:

On application : Rs. 20

On allotment : Rs. 50 ( including premium )

On first call : Rs. 30

On second and final call : Rs. 20

Applications were received for 3,00,000 shares and pro rata allotment was made to applicants of 2,40,000 shares. Money excess received on aplication was employed on account of sum due on allotment as part of share capital. E, to whom 4,000 shares were alloted, failed to pay the allotment money and on his subsequent failure to pay the first call, his shares were forfeited and F, the holder of 6,000 shares failed to pay the two calls and his shares were forfeited after the second call. Of the forfeited shares, 8,000 shares were reissued to G at a discount of 10%, the whole of E's forfeited shares being reissued.

Q Application money adjusted against allotment = ?

Q Net balance in Share Capital account = ?

Q Net balance in Securities Premium account =?

Q Net balance in Share Forfeited Account = ?

Q Net balance in Capital Reserve Account = ?