I am importing materials from japan which are to be used in manufacture of goods which are then exported.
My query is that while importing materials, whether I am liable to pay custom duty ?
Is there any way to avoid custom duty payable on port ? Because I am exporting the goods
Also guide me difference between duty drawback , rebate and bond while doing the export
Dear sir
one our client is Manpower supply consultants
one of his customer is operating Multi store super market like Reliance fresh he will supply his employees to carry out the grading and sorting of agricultural products (vegetables, fruits ) based on the quality and size for this activity service tax will apply
Thanking you
we are manufacturers.we are preparing invoices rule 11 of central excise rule 2002.is that single invoice is enough for sales tax complience?
For doing exports which option is better and safe?
DA
DP
or LC.
Dear Experts,
My client had purchased a 10 acre agricultural property in 2004 for Rs.25 lacs and spent on leveling,development, and construction of wall through out etc etc and the total cost of the land came around 47 lacs, and in the year 2007 she sold the property due to some dispute from the villagers to a prospective buyer for an amount of Rs.85 lacs as in where is basis. whereas the registration value as per sub registrar was 1.84 crs. for which the buyer after having negotiated paid 85 lacs in full and got the property registered for the sub-registrar value and paid the stamp duty accordingly.
Now my client has been served on a notice u/s 142(1)to produce relevant return of income from 2007-08 onward and pay the capital gains on 1,84 lacs- 25 lacs. The ITo is not ready to accept the sale consideration of Rs.85 lacs at any cost. he says it is done purposely to avoid capital gains.
Dear experts kindly advice on the same.
I am a dealer in Karnataka and i am an works contractor and opted for COT scheme.
However, i made CST purchases for my contract work and that to paying higher rate of CST( with out C Form).
my query is, whether i liable to pay VAT again on my CST purchases.
Kindly guide in this matter and do the needful.
Girish
I gave donation to the trust,which was registered by last six months.can avail deduction under sec80g
Hello Sir,
Our factory premises is registered Under MP Vat, however our Head Office is in Mumbai.
Now my query is if the goods purchased in Mumbai should charged with CST or Vat.
We have only registered under MP Vat.
Will it be charged on the basis of Delivery Address or as per TIN Registered ?
Dear Expert,
Plz provide me the solution ...If a comapany show negative cash balance in books of account..owner of the company does not know much abt this adjustment. This negative cash balance is due to heavy cash deposits in bank.Plz Suggest me the way hw i can adjust this negative cash or the way cash can be generated
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Custom duty payable at port