Hi,

I am a supplier of raw materials if i lost the c-form ( issued from customer )what are procedures i have to follow. C-form issued for Rs.30000000/- valuable goods.

C.k.chamy

i had recd order from buyer rs.100rate + rs.10 transportation charges.total rs.110/-
I prepare tax invoice, showing invoice value rs.100 + 4% mvat + 10 transportation. total rs.114. whether mvat is to be levied on transportation also.
In case i prepare separate debit note for transportation charges, whether tds will be deducted by the company on transportation, if so, rate of tds.
which method to follow?

Hello sir

I had joined PE II on graduation basis (B.Com). I understand that MAY 08 is the last PE II exam. I would like to know whether a PE II student who is not able to clear PEII in MAY 08, has the option to commence his articleship immidiately after registering under new scheme PCC ?

PS:This not from the examination point of view. Even PE II students can write the PCC Exams without completion of 18 months of articleship provided he has registered for the same. I just want to start my articleship as soon as possible. Otherwise this CA course will stretch like a rubber band.. .Please give actual details.

One of our clients situated in Maharashtra, supply the softwares to its customers and then undertake the consultancy for installing and maintaining the software. These transactions are in isolation. The softwares are in the form of resale. They make the software available on its website which is obtained from their overseas supplier. For supply of software they charge VAT and consultancy they charge Service tax as applicable.
The query is when the client supplies software to its customers who are situated outside Maharashtra,whether they should charge CST or VAT? There is no movement of goods from Maharashtra to any other state. The software is supplied electronically.

One of our clients provides service to it foreign customers which they claim as export of service since they fulfill all the conditions as per Export of Service rules and notifications issued thereunder. Whether they can claim refund of service tax paid on Input services utilised by it for the output service which is ultimately exported?

Sir my friend has cleared his Pe-1 in May 2006 after which he appeared for pe-2 exam in May and Nov. 07 attempts respectively but could not clear the exam. Now he has switched over to Pcc.He started his articleship from jan 08.At that time,eligibility criteria was completion of 18 months articleship.At that time, his attempt was falling due in Nov.09. When he received his confirmation letter,it was stated therein that students who are in transition scheme and have cleared their Pe-1 but have not cleared their Pe-2 can appear for elgible PCC attempt without requirement to complete articleship of 18 months.
Sir as per ICAI KANPUR, he can appear for the Nov. 08 attempt but as per ICAI MUMBAI, he cannot do so as they have informed that this provision is not applicable yet. Now I would like to know when can he appear for PCC attempt and what should he do now?
P.S.: He is a registered student under Central Region from Kanpur office.

Hi,
Friends & Respected Experts,

If anyone purchases inventory without paying VAT or from an unregisterd seller or distributor and sells the same at 4% or 12.5% VAT.

So how to show the same in accounts?
As 4%or12.5% VAT Purchase or 0% Vat Purchase?

Please do the needful help or advise about the same.

Hi,
Friends & Respected Experts.

Is Provision for I.Tax & Provision for Bad & Doubtful Debts allowable expense?

If yes then under what section?

CAN ANY SUGGEST ME THE PROCEDURE TO BE FOLLOWED WHEN ONE OF DIRECTOR IS DIED.

LIKE APPOINTEDMENT OF ADDITIONAL DIRECTOR, INFORMING ROC THE DEATH OF DIRECTOR, BOARD RESOLUTIONS TO BE PASSED, ETC.

IN ORDER TO INFORM THE DEATH OF THE DIRECTOR, I THINK WE NEED THE DIN BUT HE IS NO MORE SO WHO CAN WE APPLY FOR DIN IS THERE ANY ALTERNATIVE TO GET THE DIN FOR THE DEATH PERSON FOR REMOVING HIS NAME FROM THE LIST OF DIRECTOR

earlier limit of specified number of company a auditor can have (20 companys of which not more than 10 with 25 or more paid up capitaland 10) has been changed . could i get the amended limit with deatailed bifurcation of :
1.total no of companys excluding private companies
2. companys having paid up capital of 25 or more
3. number of private companies