j.madhusudhanan
This Query has 2 replies

This Query has 2 replies

12 February 2008 at 16:00

FOB VS CIF valuation

can anyone explain me what are included and not included under these two valuations


vandana
This Query has 2 replies

This Query has 2 replies

12 February 2008 at 15:53

Change of auditor

Is a private limited company required to file form 23B for change of auditor?


Manish Yeshwant Warudkar
This Query has 1 replies

This Query has 1 replies

12 February 2008 at 15:28

Service Tax credit under ISD

We are manufacturer of pharmaceuticals products falling under chapter 30 and getting goods manufactured at our own plant as well as from various Loan Licenses.

Further, we are availing cenvat credit on duty paid inputs as well as on input services received by us at our own manufacturing plants. Also we are registered as Input Service Distributor at HO and availing Service Tax Credit on inputs services received by us and then we transfer such accumulated Service Tax Credit to our various own manufacturing plants for payment of excise duty.

At Loan Licensee’s end inputs required for manufacturing our goods are provided by us and cenvat credit is accordingly availed by them for discharging duty liabilities and deficit amount is provided to them which is deposited by them at their jurisdictional bank through GAR 7 and duty is paid accordingly on goods manufactured for us.

Query

1. Can HO of manufacturer transfer Service Tax Credit accumulated under ISD to Loan Licensee’s / Job Worker for payment of Central Excise Duty instead of funding by way of Cheque ?

2. If yes, then under what provisions of the law?


TARUN CHATURVEDI
This Query has 1 replies

This Query has 1 replies

12 February 2008 at 14:58

Examination appearence PE2

kindly inform if I will be eligible to enrole for PCC as I was registered for PE2 after I completed my B.com in 2005 and I had above 50% marks in the graduation...or do I need to again start from the scratch and give CPT first.... My last attemp for PE2 is in May 2008.


archana nigam
This Query has 1 replies

This Query has 1 replies

12 February 2008 at 14:51

sales tax

one of my client in 2006-07 issued a bill after adding sales tax to a customer who export the goods and issued form H in 2007-08. My client is already deposite the sales tax and assessment is over .In 07-08 the party given the payment after deducting sales tax, then what is the procedure for claiming extra sales tax paid?


Manish Yeshwant Warudkar
This Query has 1 replies

This Query has 1 replies

12 February 2008 at 14:20

Service Tax Input Credit

'WE' received a debit note from a vendor for service tax paid on security services provided by him before taking registration under Service Tax.

Can we avail credit of service tax paid by us to security agency ?


Vivek
This Query has 4 replies

This Query has 4 replies

12 February 2008 at 13:36

Tax deducted at source

A company had received rental income of Rs.25000pm after deducting TDS during the previous year 2006-07. But the rent payer has not issued a TDS certificate to the company for the period till date. Whether the company is eligible to claim the TDS during AY 2008-09
(PY 2007-08)upon receipt of certificate?


vandana
This Query has 5 replies

This Query has 5 replies

12 February 2008 at 13:07

Speculative Transaction

Please distinguish b/w speculative and non- speculative transaction or give link where the diff is stated.
Also, what is the nature of the transactions by the traders who buy and sell on a daily basis?


siva
This Query has 3 replies

This Query has 3 replies

12 February 2008 at 12:30

FBT On Inetrnet Charges

Sir,
Whether FBT is payble on Internet Charges of the Company booked under the group Telephone Expenses ?


K.GANESH KARTHI
This Query has 1 replies

This Query has 1 replies

Sir, I am a B.Com graduate registered under C.A.Inter scheme on December 2000 and I have appeared for PE II exams till November 2007. I still have to clear both the groups. Now I want a clarification regarding whether I can appear for May 2008-PE II exam. Also let me know, whether I am eligible to appear in Professional competance Exams subsequently thereafter?






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