I am in Private Limited Company.
we are procure Milk, Process and Selling to Distributor.
For procurement from farmers and selling to distributor we are paying transporation to Individuals on 10days basis (around 80000).
However there is no scope for LR as they are the employing just vehicale and driver.
All other activity is done by us.
1) My question is, whether service tax is applicable?
2) Under which section, it applies to us?
3) What is the procedure if it is applicable?
Please guide me.
Thanks in advance.

What is the equivalent status of Passing CA/ICWA inter and Final.
Pls make me know abt this.

Dear Experts
Seasons greetings.

I have query on
"will service tax regn compulsory for exporter of services which are exempted from service tax liability" is there any reference

Thanks

which is the best business magazine for students to read and also financially less in cost

what is meant by REPO rates what is the use of reducing it

coming to bse and nse how the sensex will be determined (for example sensex is now 9000)

I took a home loan from a leading private bank under the floating rate scheme(I have rented this property). My father is interested in prepaying a portion of the loan on my behalf. Can I take a loan from my father to prepay a portion of my existing home loan from the bank and enjoy the tax benefit, can I repay the loan taken from my father in an EMI basis just like the normal loan from bank? Also what is the documentation(with my father) I would require to claim the tax exemption.

After incorporation of Pvt. Ltd.(3 Director with one lacs capital), new director wants to come as 4th with equal shares. im such cases, what will be the procedure ?

our unit is producing Urea(Exempted ) And Industrial products (exciseable).Ammonia, Nitric Acid, Liquid Oxygen & Co2 is captively used for manufacturing of Urea (Exempted From duty).May pl. advise whether above inputs are dutiable which are used for producing Urea.Exemption Notification No's may also be provided for Ammonia, Nitric Acid, Liquid Oxygen & Co2.

My father has given me Rs 15 lacs as gift.

Will he be required to execute a gift deed, what should be the value of stamp papers and should the gift deed be registered?

Thanks.

Kumar