CHAITANYA GANATRA
28 May 2014 at 19:17

Excisable or not

Suppose there is a company X ltd. which is the owner of a brand name. Another company Y ltd. is using this brand name by paying royalty. Y ltd. is purchasing lubricating oil in container packed and labelled in name of Y ltd. with the brand name of X ltd. printed on the container from Z ltd. Y ltd. directly sells this container without any alteration. Lubricating oil is covered in Schedule III of Central Excise. So, my question is whether Y ltd. is liable to excise as it uses the brand name of another party under definition of deemed manufacture ? Y ltd. gives all the direction of packing to Z ltd. and it only sells the container and does not do any acitivity.

who is liable to excise y ltd or z ltd ?



Anonymous
28 May 2014 at 18:59

Tax for state bifurification

Now Andhra pradesh state has been divided into 2 states but the capital(hyderabad) is the same for two states up to 10 years, but hyderabad belongs to Telangana only.Q: Is any CST applicable for goods exported from Andhra to Hyderabad? or VAT only applicable till 10 years?


C.S. CHANDANI SARUPARIA
28 May 2014 at 18:47

Incorporation of new company

What is complete procedure for incorporation of a company. Need ncessary resolutions also. Kindly help.


C.S. CHANDANI SARUPARIA
28 May 2014 at 18:43

Change of name

What is the complete procedure for change of name of the co and altertion of MOA for name change under the new companies act.

Please provide neccessary draft of resolutions and inf regarding forms to be filed with ROC.



Thanks


pradeep agrawal
28 May 2014 at 18:32

3cd report

Mr. ABC is proprietor of A Enterprises, B Enterprises and C Enterprises. In A,B,C, enterprises their t/o for FY is Rs. 125.00 lacs, Rs. 150.00 lacs and 200.00 lacs respectively. He obtained Audit report from 3 different Auditor for their respective business. Please guide me the procedure of filing of Audit Report to the Department. Whether all 3 business will be merged and one balance sheet & profit & loss a/c is to be prepared ?


MOKSHESH
28 May 2014 at 18:16

Availing cenvat credit

If input services amounted Rs. 600000 are taken in providing output service amountd Rs. 1100000 in the 1st year then-

a) Should I take full credit of input service ? or
b) Should I take proportionate amount of service ?



Anonymous
28 May 2014 at 18:07

Termination of articleship

Sir,
I have finished 10 months of articleship. I want to terminate from my present firm and join in another one. Can I join in other firm within the same city (Vijayawada to Vijayawada)? Does ICAI allows me to do so? Does it object? Any compliances required?

Regards.


chetan
28 May 2014 at 17:40

Tds accounting

Sir,
20,000/- Rs. of payment made to party in advance for work dated 08/05/14. Bill received of Rs.60000/- dated 17/05/2014. so which amount should consider for tds deduction? 40000/- Or 60000/-?

&
is there any issue about 20000/- Rs. which was paid earlier?

please guide me


MANOJ KALITA
28 May 2014 at 17:33

Director disclosure u/s 184(1)

According to Sec 184(1)Every director shall at the first meeting of the Board in which he participates as a director and thereafter at the first meeting of the Board in every financial year or whenever there is any change in the disclosures already made, then at the first Board meeting held after such change, disclose his concern or interest in any company or companies or bodies corporate, firms, or other association of individuals which shall include the shareholding, in such manner as may be prescribed.

Query 1: If Mr. X is a director in Company ABC and he hold shares in 50 listed companies and other companies, then Is he required to make disclosure in MBP-1?

Query 2: Mr. P son of Mr. X holds 15% shares in PQR (Not relation with XYZ) and some small shareholding in other companies, such interest shall also include under MBP-1?

The word "any Company" used u/s 184(1) has any interpretation?

Please clarify...



Anonymous
28 May 2014 at 17:24

Service tax on labour contract

My one corporate client has done civil work without any materials of another corporate client who is a builder and paying service tax on its receipt.

Pl advise me whether the first client who has done civil work like plaster,bricks joining etc with its own labour under his own control and supervision, is also liable to pay service tax.






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