Dear All,
Please help ::
I just receive a 1st bill of labour contractor of Rs 100000.00 for M/o April 13.

Following point is to be noted:


1. His labour is getting wages from company as casual worker and company deduct and deposte PF and ESI upto it.

2. Contractor is Permanent employee of company and getting salary via Bank Tarnsfer.

3. He does'nt charge any service tax on it as its an individual hence Service tax reversal charges is applicable upto it.

4. Now I want to know any other liablity upon Bill and any rule that an employee is able / not able to provide labour to its company???

My contact NO is 09654605754.
Please discuss if you still have any doubt or provide your number so can i call you. upon it.

Dear Sir,

Under Reverse charge system, if company pay service tax to transporter(not to govt.) and later transporter deposit service tax to govt.

so can we shift our service tax liability to Transporter as per above manner?????

Thanking you,

Dear Sir,

Under reverse charge system where service receiver is liable to pay service tax can take exemption of 750/1500.

in short Exemption of 750/1500 is also available under reverse charge sysytm???

Thanking you,

Sir
My client is Private Ltd Company and the contractor is an individual .Now the Company propose to construct a gowdown .
1. Our works contract is for an ORIGINAL WORK of construting a Godown.

2. Since the value of the materials used for the construction will not be completely identifiable with reference to the bills, immediately, at every stage when the contractor submits his bill, we hope to follow the COMPOSITE system of payment.

3. Under the above, 40 % of the total value of contract - i.e. in our case, 40 % of each stage bill into 12.36 % - to be shared at 50 % by the Receipient and 50 % by Provider.

Kindly confirm the above is in order for the Companyto advise the contractor and get his concurrence before starting deduction and remittance.

Thanks & Rgds

PLEASE CLEAR MY DOUBTS,WHETHER FORM 15 G & 15 H IS REQUIRED TO BE SUBMITTED

1}INTEREST INCOME EXCEEDS EXEMPTION LIMIT
2}OTHER INCOME EXCEEDS EXEMPTION LIMIT
3}INTEREST + OTHER INCOME EXCEEDS EXEMPTION LIMIT

DEAR ALL

CAN ANY ONE UNDERSTAND ME THE TAXATION ON SALE OF REC(RENEWABLE ENERGY CERTIFICATES).

IS THIS LIABLE TO VAT/SALES TAX ?

IS THIS A COMMODITY/GOOD ?


THANKS & REGARDS
HKK

Sir/Madam,

R.O.C. asked me to Re submit form 1 With error that they asked me to re-scanned copy of MOA AOA attached with Form 1 more clearly. My problem is that maximum attachment size of form 1 is 2.6 Mb. When i consider maximum size is compromises quality of scanned copy. can i upload scanned copy of MOA AOA along with Form 67 (Addendum).


Please guide me on the same.

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