Our company is manufacturing Cold drink covered under tariff heading 2202 1090
please confirm me the notification no by which the said amendment have been made
-The entry “waters, including mineral waters and aerated waters, containing added sugaror other sweetening matter or flavoured” in the Seventh Schedule to the Finance Act,2005 related to levy of Additional Duty of Excise @ 5% is being omitted. Till theenactment of the Finance Bill, 2015, the said additional Duty of Excise of 5% leviable on such goods is being exempted. Simultaneously, the Basic Excise Duty on these goods has been increased from 12% to 18%
Please explain also notification no 9/2015 dt 01/03/2015
sir,
One of my client purchased flat from builder directly in 2009 and continued to pay installment since then till the year 2014 and the property was finally registered in the year 2014 in his name,but agreement to purchase was entered in 2009. Now he wants to sell the flat. I want to know what will be the holding period of this flat for computation of capital gains and can he take benefit of sec 54.
Hi,
We are a trading company and tax audit concern. If We are receiving commercial rent for month Rs.80,000 per month (2014-15).We raised sales invoice including freight charges.ie.freight amount exceeds Rs.195000/-(Approx). We are providing labour charges and raised labour charges invoice.ie total value of labour charges received Rs. 475000/-(Approx).
My query is..
1.Do we have to collect service tax and pay to government?
if yes,then
2.what is the procedure for service tax filing in my case?
My client has purchased an immovable property. As per the purchase agreement, he can use the said property only against full payment towards the said property.
Due to financial issues, only part payment has been made and the rest of the amount has been treated as loan. My client has already started using the aforesaid property.
The officer in his Audit observations has observed this amount as unaccounted investments u/s 69.
Kindly help with case law favouring my client.
If we are appointing auditor to fill casual vacancy caused by resignation by board of directors in their meeting subject to such appointment gets approved by shareholders within 90days of appointment. now i want to know that ADT1 is to be filed within 15days of board meeting or general meeting.
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Dear Experts,
If a NRI subscriber purchase shares of Indian Company but make payment of it through Cheque of local Indian Bank, will FC-GPR required to be filed with RBI?
i have a query
if public company appointing independent director in egm. then whether board resolution is to be attached to eform dir12 or ordinary resolution passed in EOGM is to be attached
In 2005, If a person had done some wooden furniture work worth Rs 50,000(includes material and labour charges for bed and wardrobe)in his new home, got possession in the same year.
Can he use that furniture cost as deduction under indexed improvement cost at the time of selling the house in 2014? House sold as furnished home.
I need excel sheet of schedule ii depreciation calculation sheet as per companies act 2013
and also b/s+ p/l in excel format as per schedule iii of companies act 2013 , kindly mail me at soniya0454@yahoo.com
dear all payment made to contractor for rs. 50000 in cash is allowable or not? its urgent pls. thanks
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DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Clarifiation of change in excise duty