Hi sir
My CA Final attempt due in nov 2014, now i want to start my coaching. From which subject shall i start now. Is Companies act 2013 is applicable to my attempt and what are the changes might applicable to my attempt ?

dear sir/madam i cleared my grp1 and will start doing articles after completing my grp2 so can i apply form 102 before starting my articles or now itself

Hi,

I am working as an accountant in one of the export houses in New Delhi.

I would like to pursue ICWAI.

My question is- The company I work for is proprietorship with turnover in excess of Rs. 10 crores.

My tenure has exceeded 3 years.

Would I be eligible for exemption from practical training.

It is almost impossible for me to leave my current job and I also want to do a professional course.

Your knowledgeable inputs would be really appreciated.

Thanks in advance.

Janmeet

Hi Experts,
I am filing TDS ( In KDK software ) for non salary for the period Jan to Mar 2013. There is a chellan which was paid on 26th of April 2013. While entering the same I am getting the error ' Date of payment should be less than or equal to end of quarter date' . Is this error common (or related to software) ? Will there be any issue if I give the 'Date of Deduction' and 'Date of payment/credit' as 31/3/2013 ?

Kindly reply

Dear Experts,

One of my client engaged in manufacturing activities i.e. manufacturing of Hydraulic Machines & duly registered as Manufacturer under Excise Law.

Now he going to dispatch/sale of said machines to a Renowned Customer under SHIS Scheme by virtu of Notification No 33/2012 dated 09/07/2012 as per law.The Value of Excisable Goods nearly Rs.100.00 Lacs.

As per above notification my client is not supposed to charge Excise duty @12.36% at the time of removal of Goods under the SHIS Scheme subject to submission of Certain documents as prescribed under this scheme prior to dispatch from the customer.

However as explained to us by concerned jurisdictional Excise Authority that my client has to reverse 6% of Basic Sales value of Goods to be dispatched at the tome of Removable of Goods as per Cenvat Credit Rules,2004 . However my client not having cenvat credit balance as on the date of dispatch so he has to pay the amount through PLA Account.This comes to nearly Rs 6.00 Lacs.

Now query is whether this tenable as per law or not as in purchase order from customer this was not mentioned therein hence this is not going to borne by them & My client says that even my margin is not to the extent of RS.6.00 Lacs if i am going to bear the same.

What's the factual position as per law & reply accordingly.

Regards

Dear Sir/Madam,

Whether service tax is payable under reverse charge mechanism on Canteen service in factory. contract is given to supply food to workers and staff in the factory.

Sir,

We have selling our exempted product in International and Domestic market, we export our product under exemption notification no 12/2012 (sr.no.330/VI)not under UT-1 bond. now we have decided to take Input Service Tax refund claim on the basis of only Export Sale. so please guide us we are eligible or not for taking Service Tax refund on Input services.

Hi everyone... I am a student of ca final having my attempt due in nov. 2015. I want to start my ca final preparation and classes from this november only. Kindly suggest me the sequence for coachings as isca nd law will get amend till my attempt.
Thanks in advance.

Dear all,

I am there in a excise unit. We sold the material with an excise invoice in May 2013. And now on Aug. we provide a supplementary invoice regarding that invoice due to by mistake rate was low in the previous invoice. Again excise is applicable in the invoice and it is more than 100,000/-. Should we also submit the interest on this excise amount from may to aug., if yes how much percentage?

Thanks in advance

Dear Experts

As you will be aware that the new companies bill has been passed by the Rajya Sabha and the entire Companies Act,1956 has been revamped, I want to know how this will affect the December 2013 exams.

The ICSI has not issued any notification regarding the applicability of the new companies bill for December 2013 exams.

Kindly inform how to start preparing for the December exams.

Thanking you in advance.