My query is, for example a contractor has been providing service for Rs 15 Lacs per year for last 3 years & did not charge Service Tax separately in the Bills. Hence he never deposited any Service Tax. Now through Form 26AS Deptt came to know all this & demanding Service Tax with Interest. My query is whether he is required to deposite Service Tax Rs 556200 (interest extra) on (15Lacsx3x12.36%) or Rs 495016 (interest extra) on (15Lacsx3x12.36/112.36) by back calculation. Please suggest with relevant rules. Thanx

please tell me about suggested answer of audit and assurance,it&sm june 2014,thanks

Hi,everyone good morning to all,
my question is,my company vat liabilities is Rs.388680/-for the month of Apr-14 but we didn't pay yet because funds problem.now what should we pays interest on vat.i know the interest rate 18% p.a. pls let me know calculations. pls provide me sufficient solution & details.

Thanks!

Dear Sir/Madam,

Happy Morning,

I am Mr.Shiva Prasad, want to take my pf from my employer but question is my employer is not doing any business. I resigned in the month of April-2014. Only in Mumbai it is running but it is idle and no repsonse.

I got information that if company closed down then I have to take letter from gazzete and submit the same to PF office then I'll get the PF.

So please help me out in this how to take my PF and what is procedure

I will thankful for the same.

Regards
Shiva Prasad

Dear Sir ,

We had purchase Nec Projector DMD Chip for Rs.15000.00 + 5% Vat . Is TDS Applicable & if yes @ what % & Under which section ?

Kindly explain.....

Query:
Dear Sir,
My query is,......
A manufacturing company is selling a product to its customer on 45 days credit. The customer at the time of supply of goods itself has asked for 90 days of credit stating the company can charge interest for balance 45 days and has asked for proforma invoice from the company.

So on the value of goods excise duty and sales tax is charged (Since customer belongs to different state CST is levied). on the arrived value, the company is calculating interest @12% for 45 days.

My question is whether on the interest component also sales tax and excise duty to be charged.

Kindly advise.

Please quote the relevant provision or the case law.

Thanks in anticipation.

Regards
Yogesh

Dear Sir ,

We given Sponsorship of Maharashtra Times Planet Campus to The Times Group they submit Proforma Invoice for Rs.1,50,000.00 is TDS applicable & If Yes @ what % & Under which Section ?

Kindly explain .....

Its very urgent.................

is there any provision for paid leaves ( leaves taken for CAFinal exam) for IPCC student?

Please let me know whether we can get the C Form on capital goods purchased from other states.

how is kamal garg sir's book for ca final law ?