Expenses collected from customers, which were part of sale price, escaped to be added in sale price.
Now in march, on all such Expenses vat was collected and paid.
The qs. is whether now all the returns filed till now should be revised and whether tax invoice should be issued in the date of original sale?
OR
only the return of march will be affected?
(dealer is filing monthly vat returns)

Dear Experts,

My query is regarding Outward Freight [Carriage Outward] paid on behalf of Customer..see the points below..

1.We are making the freight payments on behalf of our customers and later on charging the same to the customers in access of Invoice Value

2.Our Transporters/Courier companies are raising the bills on monthly basis to us on which they are charging the Service Tax as applicable %

Pls.clarify whether still such expenses are liable for Service Tax ?

Sometimes it happens that we might get the 100% of the freight paid on behalf of customers and also possible of not getting the full amount paid...

Please explain what is FORM-H and FORM-E ?
What are procedures involved in issuing FORM D and H

Hi,
I am going to appear june pcc 2009 exam.please let me know whether ASS or SA is applicable for audit paper.

Need ASAP answers.

Thanks & Regards,
Dibya Ranjan Dash.

whetherservice tax paid with the rent on building can be claim as excise input credit..?

can any 1 tell me that (capital)profit sharing of HUF to its member including minor members are allowed

and

what are the effects in books of account at the time of profit sharing

MY CLIENT IS DOING A JEWELLERY MANUFACTURING BUSINESS, HE MAKES JEWELLERY ON BARTER BASIS ARE THE JEWELLERY MANUFACTURING LABOUR COVERED IN SERVICE TAX ? SHOULD MY CLIENT RAISE THE LABOUR BILL WITH SERVICE TAX ?

Can any one help me to slove salary problem when my Total income for the year by receiving salary amount i.e. 158,208/- its applicable that to required fill Form 24Q also if yes plz help me how to fill it. urgent reply plz.........

Hi

My sister has just started a recruitment consulting firm as a proprietor. She has already registered with service tax deptt.
In the last financial year, she managed to earn Rs 2 lacs on which she had even collected the service tax as per the rules. But now she got to know she does not need to pay service tax if the total income doesn't exceed Rs 10 lacs. Is it true?

What should she do with the service tax already collected? Also, she got to know that service tax payment can be adjusted with the service tax paid by self for various other services in the financial year.

For e.g - is it true that if she has collected Rs X as STax and paid Rs Y as STax (for phone bills etc) then her liability is only Rs X-Y.

Pls clarify. If she has to pay that amount then where should she go.

Awaiting an expert's reply.

Thanks

Hi

Could you please tell me the

Interest on balance in the provident fund account credited in excess of "8.5% is salary" or "9.5% is salary" ?

for the purpose of computing income under the head salaries