We are clearing lot of parts & accessories related to medical devices under 9018 by paying additional health cess of 5% .. Need to understand whether medical manufactures are allowed to clear parts & accessories which is used solely for medical devices under 9033 , by saving additional health cess of 5% .

As per my Understanding, if parts & accessories are not mentioned else were under chapter 90, then the same can be groped under 9033. If i group parts & accessories which is solely used for medical devices under 9033 for clearance, then will there arise any objection from customs.

Respected Sir,
If any job work is done for export oriented units or any job is done for agricultural industries those industries which are 100% export oriented units, whether such job work is fully exempted from service tax

Respected sir, i am import car from Foreign, Second Hand Car? Import Duty of Used Car sir Approximately sir, advance thanks sir

Dear Experts,
Please advice is there any capital gain if partner received excess money than his capital balance which comes in firm at the time of retirement????

If there is capital gain then please suggest whether it will be short term or long term capital gain??

In case of long term capital gain what will be the period of holding for long term capital gain and for which asset period of holding will be considered??

Can the firm take benefit of indexation in case of long term capital gain???

1. What is the IND AS commencement date in India ?.
2. Whether companies have to prepare balance sheet as per CA 2013 or as per IND AS.

Dear Experts

we have purchasing material from inter state @ Ex-Factory Rate. Frieght charges paid by us in cash mode that frieght amount couldn't be shown anywhere in our invoices. suppose If Department people can ask how did you bouught that material from that area? without paying the frieght material can't purchase from them so pay the RCM fee. how can i answer to them. Kindly give clarification.

Hi All

One of my clients has invested in one of the funds in Dubai in 2015. At that time he was a NRI.
Now he wish to withdraw the money invested. How will be taxation in Dubai and India of the same?


Thanks in Advance.

When a foreign entity sends plant and equipment to india and leases that plant and equipment to its Indian subsidiary, what rate of withholding tax is deducted when filing in 15CA/CB forms.
I noted on your site that one of the professionals Uma Shanker Sharda answered a similar question and he stated 10% under section 194 I. However that section says 10% is for a combined rent of buildings with plant and equipment We have noticed in the construction sector that when renting plant and equipment (like a forklift or crane) locally that the TDS rate is 2%.
Are these the percentages that apply when the foreign company has a PAN number in India or are they 5% as per section 194B. Or does section 195 apply? In which case it would be 10% for "fees" as it is not combined with building rental which has rate of 30%. I want to double check as this is very confusing
Thanks Peter Dance UIPL

required details for salary entry in the books of employee as well as ledgers under group.

Temporary cabin for office purpose in sites. Can it be treated as temporary structure or Office Equipment.
And other expenses like transportation and others, Whether it should be capitalized?