A company has appointed C&F agent for the custom formalities. An CF agent is incurring certain expenses on the behalf of the company which are reimbursed by the Company. Vouchers of all these expenses on the name of Company itself. Whether company can take service tax inclueded in such vouchers, if origingal payment is made by CF agent and reimbursed by Company

A company has appointed C&F agent for the custom formalities. An CF agent is incurring certain expenses on the behalf of the company which are reimbursed by the Company. Vouchers of all these expenses on the name of Company itself. Whether company can take service tax inclueded in such vouchers, if origingal payment is made by CF agent and reimbursed by Company

Whether Mediclaim Policy for both officers and workers and Personal Accident Cover for both will come under the perview of FBT or not ?

Is there any limitation there ??

Plz clarify me..

Regards

Ramsankar Mishra

Can anybody please tell the difference between a circular and a notification?

Assessee is a exporter, who receives remittance in foreign currency from the overseas customers. the remittance received is after deducting negotiating charges involved. Is service tax liability will be attracted on this charges. And that too receiver of these services ids liable for paying service tax. secondly if the service receiver pays the service tax to govt. can he avail credit against the same towards paying his excise liability

Hi friends,
Mr.A (exporter of India) sent a shipment to Mr.B (U.K.) at payment terms on 120 days. Mr.A has discounted the bill from Mr.C (A finance company at U.K.). Mr.C has sent the payment to Mr.A after deducting the interest and discounting charges.
1. is Mr.A is required to deduct the TDS on interest and discounting charges paid to Mr.C
2. under which section.
Please reply

HIiiiiiiii

Can any one tell me where i can show deduction on interest on housing loan in ITR-1.or u can tell me what amount i have to show in gross total income

A sum of amount received ( advance) on may,2008 against software license then it was not covered under servec tax. But I realased the licence on feb,09 to my customer and genarated invoice after purchasing from vendor then it was covered under st. From which date ST liability will be created on the advance amount received on May,2008 against that license ? urgent.

hi Gud noon to all of u.
all day u help others.
so hats off u guys.
cheers...

In the first quarter i.e. from 1.4.8 to 30.06.8 the medical reimbursement for my boss was 7584.

In the second quarter i.e. 1.4.8 to 30.9.8 was 11376.

In the 3rd quarter was 22150.

Then while calculating for the advance FBT for each quarter what should be the FBT for the medical reimbursement for the company Ltd. and if in the 4th Quarter it is 5000 then what should be the exact FBT amount for the year.

As in the provision in Sec. 115WB (2)(E) the medical reimbursement up to Rs. 15000. What does it mean?

Similarly we are taking medical reimbursement for the employees of our organization than what is the procedure to calculate the FBT for the medical reimbursement for the employees.

Plz clarify me.

Regards

Ramsankar