Actual expenses incurred in performance of duties of development officer of LIC of india towards earnings of Incentive ,these expenses are claim deductions from incentive income to one of my client,

plese reply the if there is any case law or judgement copy in this regard

Dear All,

We are undertaking Manufacturing of RMC ( Ready Mix Concert).

1. We charged Vat at (12.5% + 2.5%) =15% on RMC when we used only our all Raw-materials (Cement, soil, water, chemical, etc )

2. We charged Vat at (4%+1%)=5% on RMC when only cement are provided by our client & customer.

In 2nd case we have to used cement of our client due to their contract agreement with their client as “they have to used only selected type of cement for construction work”

3 Generally RMC which are supplied by us to our client are used for construction of Building and Road.

4. We have not collect any service tax on it as this amount to manufacturing as per Sec 2(F) Central Excise Act.

5. Now service tax department has raised quarry in their audit in our concern that RMC manufacturing in which cement are supplied by our client is liable to service tax as it is not manufacturing. They conclude that this is JOB WORKS as cement is supplied by your client/ customer and liable to service tax under BUSINESS AUXILIARY SERVICE.

6. Further they Conclude that as RMC is Manufacturing as per SEC 2(F) OF CENTRAL EXCISE ACT. But as It is liable to “NIL RATE” under Central Excise Act.
 So RMC In which Cement are supplied by our client is JOBWORKS and is liable to Service Tax. Vide Notification No. 8/2005 under BUSINESS AUXILIARY SERVICE.
 Further RMC in which if we have used our Raw-materials for manufacturing it is not liable to service tax as it is manufacturing.

My question is whether RMC is Liable to service Tax under Business Auxiliary Service or not.
 If we used All our Raw-Material for Its Manufacturing.
 And Only Cement is supplied by our Client for Manufacturing of RMC

Kindly give your best opinion in this matter.

Can i take transfer of Articleship, does institute allowed one termination in whole of articleship period, and what is the procedure for termination, what condition have to full-fill for temination.
pls tell me in details

Dear Professionals

I am looking for the soft copy of Finace Act 2010 passed on May 08, 2010.

Can anyone pls provide the same.

best regards
CS. Deepika Bhardwaj

can anyone pls reply on the same??

If employee receive salary from more than one employer, and has changed the service say from employer X to Employer Y, then while issuing form 16 by employer Y, under which heading the salary received and TDS amount from employer X be shown??
as there is no such heading where the salary received from previous employer X be reported in form 16 by the current employer??

Dear ALL,

My doubt is fundamentally when is service said to have been rendered completely?

As in case of sale of goods.the sale is complete when all the risk and rewards associated with the sale are transferred.And the consideration is paid. So what is the principle for "services"


Thanks

How can find of commissionerate in service tax department site

Hi!
There is a hospital(registered as partnership firm)of which returns have not been filed for the past 5 assessment years.Now the problem arised is that the hospital used to issue bills to the patients including the amount paid to the visiting doctors without deducting the TDS
on amount payable to the said visiting doctors.Now the contention of the IT department is that the hospital is liable to deposit all the TDS amount which should have been deducted from the amount paid to the doctors.
Whereas the contention of hospital stands that the amount included in the bill to be paid to doctors are collected by the hospital on behalf of the doctors in good faith(thereby treating it just as a remittance), hence should not be liable for TDS rather doctors themselves should pay taxes on such amount.
please suggest how to save TDS.

We have an employee who is foreing national is entitled for leisure trip reimbursement. But he has submitted his invoices bill period October 09 to January 2010. The Accountant has deposited his TDS for 2009-2010. Now, the invoice for the above period can be reimbursed. What will be financial treatment
Thanks in advance for u people for ur valuable answer.

Dear Sir,

I have recently got the news that all the ammendments made by U.P.Agrawal regarding transfer in articleship has been removed completely and ols rules have again come into implementation. Kindly let me know the real picture whehter the news are true or rumors?

Regards

JHS