My co. is not providing any output service during the FY 2012-13 but it is registered under service tax now can my co. book the credit of service tax paid on services consumed by it and utilise it in the next period against its output service tax liability or can claim the refund of it.Please explain with relevant section.

Dear Experts,

Please help in fixing this issue:-

A Private Limited Company wants to change its name and it has done the following :-

1. Has passed the Board Resolution for change of name of Company

2. Duly Convened the Extraordinary General Meeting of the Members and passed SR and it was resolved in EGM to alter the name clause in MOA and Alteration in AOA and necessary alterations in all matters, deeds, things etc to give effect of changed name accordingly.

3. Submitted E form 23 for registering SR along with Altered MOA and AOA.

The ROC official has raised the following remark for the e form:-

"Copy of MOA and AOA is not duly certified"

Now please help in fixing this issue regarding satisfying the requirement of ROC for submission of Certified Copy of MOA and AOA.

Please reply urgently in this matter.

What are the businesses which are to be passed by only special resolution?

GOOD EVENING SIR,
I WANT TO KNOW ABOUT DUE DATE OF INCOME TAX RETURN . SIR PLEASE GUIDE ME BY GIVEN THIS EXAMPLE BELOW
SUPOOSE INCOME TAX RETURN FOR F.Y 2010-11 (A.Y 2011-2012. )
I WANT TO KNOW ONLY THIS THAT IN HOW MANY TIME I CAN FILL MY INCOME TAX RETURN FOR THE F.Y 2010-11 A.Y 2011-12. MEANS CAN I FILL MY INCOME TAX RETURN FOR THE F.Y 2010-11 A.Y 2011-12 IN 2 YEAR MEANS UPTO 31 MARCH 2013.NOW I HAVE ANY TAX LIABLITY THAN I WILL PAY INTEREST @1% U/S 234A AND PENALTY UPTO 5000 U/S 271F.IF I HAVE NO TAX LIABLITY THAN I WILL PAID NO INTEREST OR PENALTY IF I WILL FILL MY RETURN OF F.Y 2009-10 AFTER 2 YEAR.
THANKS SIR I WILL WAIT YOUR VALUABLE REPLY

Business now a days has become so much difficult due to the rising unreasonable demands from the factories and the mills.

Well, we are import house based in Mumbai. Importing raw material under Custom Tariff Ch. 72044900 ferrous scrap and others wherein the Custom Duty is 0% but Excise and SAD in total is approx. 17.36% (inc. of landing charges 1%) which itself is becoming a loss itself. The factories are demanding the material without excise bill and only want the Sales Tax bill.

For e.q.
We import goods at USD $400 (CNF value in INRs. 21600/MT) therefore
Rs. 21,600 Basic
+ Rs. 3,800 Excise & SAD
+ Rs. 1,200 clearing and other charges
----------------------
= Rs. 26,600 landing cost + CST/VAT as applicable.
# MODVAT available approx. Rs. 3,650/MT

But the factories and mills are asking the price of Rs. 26,500/MT + VAT/CST that too inc. of transport and doesn't want to pay the Excise neither they are interested for claiming the MODVAT. The Net Loss is Rs. 3,000/Mt approx. Whereas if I sell with bill our profit margin is not more then 500-800/MT.

Kindly please suggest me, what should be done in this extreme situation.

Regards,
Krunal
+91-9833698410

Fact- me & my spouse are director of a pvt ltd Company,and i am paying rent to the above company for the use of a property as residential purpose which is own by the above company?
Q.1- can i have the option for calming HRA for the rent paid to the above company, if i receive HRA from any other company??

if extension of export obligation beyond 8+2 year can be considered for a further period of two years with condition that 50% of duty payable in proportion to unfulfilled export obligation is paid to customs - para 5.11 of HBP Vol. 1 2009-14 - MF (DR) Circular no 16/2006-Cus dated 09-05-2006.
if the party fulfills whole of export obligation , whether 50% amount deposited with custom, will be refundable

Respected Experts, I have applied for a company name which is of a country name now the ROC has raised the query which is as follows:
MOU OR JV AGREEMENT NOT SUBMITTED BY FOREIGN COMPANY,PLEASE SUBMIT ALTERNATIVE NAMES.
Actually, the company is a domestic co. but it has its business of outsourcing, & ROC assumed as if it were a foreign company. Please help me.

my turnover is above 4 crore in 2007-08 and my final product was exempted but in 2008-09 my intermediate product is become taxable. i want to know whether i will get ssi exemption of Rs.1.50 crore in 2008-09 from the first financial year after being my intermediate product taxable in captive consumption as my final product is still exempted however my turnover was above 4 crores in 2007-08 and my final product is still exempted.

Hi,
A Developer / builder has purchased a land for Making Building and selling flats How should be the entry passed in builder books account.
Land under what group should been shown Please reply.