Suraj
15 September 2013 at 10:52

Understanding of form c, e1 & e2

Dear Sir,

I request you to clarify on Form C, E1 & E2 under MVAT based on following sample transaction.

There are 4 parties. Mr. A from Maharashtra, Mr. B from Maharashtra, Mr. C from Delhi and Mr. D from Andhra Pradesh.

Here Mr. A sells goods to Mr. B who in turn sells goods to Mr. C and Mr. C in turn sells the goods to ultimate buyer Mr. D.

But actually the goods are delivered by Mr. A from Maharashtra to Mr. D, Andhra Pradesh directly.

My queries are as follows:
1) Whether is this ‘in-transit’ transaction covered under section 6(2)?

2) Which forms will be exchanged between
all the four parties?

3) Transactions between whom will be exempt from tax and which are taxable to CST?

4) Who will ultimately pay tax to the Govt?

5) In the Subsequent transactions, how CST effect will be shown in the bill?

Kindly revert. Thanks,
Suraj


SUNIL
15 September 2013 at 10:37

Statuary audit

please tell me guidelines for statuary audit of private ltd company. .. where can I find guidelines for statuary audit of pvt. ltd company. ..


pradeep
15 September 2013 at 09:57

Share capital

what is mean by same class of shares?



Anonymous
15 September 2013 at 09:38

3 cd in online filling

Sir I want to know that if we are not fill d information of stock in 3 cd and qualified d report that assese has not provide stock register. Den wht will be d status of 3Cd. If any prob to auditor or assesee... pls help and clear..



Anonymous
15 September 2013 at 09:20

Capital gain tax

iam the family head and iam filing my incometax return every year, i purchased a flat at hyderabad in my children name he is a student and he is a major, the property was purchased in the year 2008 and the said above property was sold in the year 2012, when i sold the property, purchaser given the cheque in the name of my son when i went to bank to withdraw the cheque banker asked me the pan card of my children so i gave my son pan card number and the banker suggest me to withdraw the money through your son bank account only you cant draw this money into your account, i submitted the cheque in my sons account in that day i withdraw the money of Rs.50000/- for the purpose of advance for new land to built a new residential house in that land, that land was registered in my wifes name, if i built a new house in that land can i avail the capital gain tax benefit or not.


Kamal Vyas
15 September 2013 at 08:12

Importance of rank

What is the importance of getting rank in CA final. If we do not have any rank then we have no career or we are not able to job under big or MNC like infosys, reliance, tata etc... Please suggest what qualification are required to get job in such companies I.e. only rank or other else...?


anil kumar
15 September 2013 at 02:17

Depb vs duty drawback scheme

so far , i've understood that depb scheme is withdrawn and to compensate- duty drawback scheme is availed.
after 1 month , i'm planning to export my first shipment.
before that , do i need to get enrolled to any govt institution for duty drawback facility, or afterwards which govt institution do i need to submit my papers,how and when will i get benefited with duty drawback scheme


Arpit Agrawal
15 September 2013 at 00:51

Sale of truck

The assesee is engaged in the trading of Cement and is audited very year. He also derives income by hiring of 3 trucks, which he shows u/s 44AE while filing his Income Tax Return.
He sold on truck in Sep.2012 for Rs.9,75,000 (Purchased in July 2008 at Rs.12,00,000).
What would be the tax treatment of sale of the mentioned truck?
Whether LTCG/LTCL would be computed after adjusting Depreciation?


Avdhesh Singh
15 September 2013 at 00:25

Disallowance of depreciation

Whether Depreciation will be disallowed if cash payment more than 20000/- for purcahse of capital assests? if yes then disallowed for the same year or will continue ?


Palak shah
14 September 2013 at 23:31

Is godown necessary for excise registration

Sir, One of my client wants to register for the excise number under the act. Is it necessary to have a godown for the same. Do excise department states that without the godown excise number cannot be issued






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