CA Rupesh Maitri
26 March 2008 at 17:25

applicability of service tax

Dear Sirs
If a person Mr.Z sells machinery (ie capital goods) on behalf of a foreign company in India and earns commission income thereon from the foreign company in foreign currency, is he liable to pay service tax on the amount received. (He has not included service tax in the bill sent to the foreign company). Would the answer be different if he sells any other goods instead of capital goods.
Waiting for response asap.


Parminder Singh
26 March 2008 at 16:58

Cenvat Credit

A product is imported and same is also manufactured in India, and it's tax structure is as follows ;-

Basic rate 100.00
Custom duty @7.5 7.50
E.Cess @3% 0.225
--------
Total 107.725
Add CVD @16% 17.236
Add E.cess @3% 0.517
--------
Total 125.478
Add Spl duty @4% 5.019
-------
Total 130.497
-------
now please tell me the amount of cenvat credit and total amount of on which we can can claim cenvat credit.


Sushant Panigrahi
26 March 2008 at 16:50

Hindu Undivided Family

Can anyone of u provide me a detail note on Hindu undivided family law (Law, Procedure for registeration, Benefits for registering as HUF)


G.N.V.D.Kiran
26 March 2008 at 16:50

Housing Loan Principle Repayment

Housing Loans Interest Relating to Construction Period can be set off in 5 Equal Instalments. if i have paid the priciple portion before construction period is eligible u/s. 80-c or not


Samir
26 March 2008 at 16:39

Forign travel

ABC is pvt ltd co. wherein the MD of the company is going on a foreign tour with his family. Can the company treat the entire amount spend on him and his family as traveling expenses.


Dharmishta Tank
26 March 2008 at 16:33

Applicability of 40A(3)

URGENT! please clarify! my client has made cash payment for purchase of capital asset exceeding Rs. 20,000/-.Whether the expenditure will be disallowed! or Whether depreciation in that respect will be disallowed!


SAM KOSHY
26 March 2008 at 15:24

Juridiction


Suppose a person want to file a case againist a person / firm in one part of India. Due to security reasons he can not file the case at the court of that region.

Give me more details about '' juridiction''


Ravi Jagetiya(CA Final)
26 March 2008 at 15:09

Deemed FBT

Sir
1-whether provision for hospitality will cover the refreshment( Tea & snacks) provided to employee's purchased from outside.
2-Where the expendiure incured by way of non transferable paid voucher should be used by employee. Whether eating joints must be of employer.


SAM KOSHY
26 March 2008 at 14:54

construction

A building contractor received Rs. 6 Lakhs as advance for the construction of a
house and the balance 4 lakhs will be received within 6 months.

is the service tax 12.6%
S.K.


Ravi Jagetiya(CA Final)
26 March 2008 at 14:54

Bifurcation of service tax

Whether service tax should be bifurcated in to
Service tax-
Edu. cess-
SHEC-

Plz what will be consequences if not shown seperately in invoice.






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