A company is making payment to the US Company for the services. In order to avoid TDS, a third person is making payment through nits credit card and later on the company is paying to the third person. What is the solution and the journal entry

A company is making payment to the US Company for the services. In order to avoid TDS, a third person is making payment through nits credit card and later on the company is paying to the third person. What is the solution and the journal entry.

Dear Sir / Madam

We are manufacturer of excisable goods duitable and exempted goods and we are paying GTA inward ,GTA Outward, GTA Export outward Service Tax by TR-6

Now our questation is :

1 Can we avail credit of GTA inward & GTA Export Ser tax paid by TR-6 when we are producing duitable and exempted goods both ?

Pls reply ASAP

Keyur Vora

if any army officer(armed force) receive pensions his total pension income is exempt if exempt in which section .
or return to be filled ITR-1 OR ITR-2

Can anybody answer the following?

Our company sales our commodities by taking to customer place by company's own/registered vehicles after place the order of a customer. After supply the items, the customer didn't take immediately the items and delaying the vehicles. For delaying the vehicle for a stipulated time, we;re charging penalty after that time per day basis. In the billing we're showing the commodity value and this penalty value and paying VAT for both.

Is this penalty for delaying is liable for Service Tax? Please study and give answers

Can anybody answer the following?

Our company sales our commodities by taking to customer place by company's own/registered vehicles after place the order of a customer. After supply the items, the customer didn't take immediately the items and delaying the vehicles. For delaying the vehicle for a stipulated time, we;re charging penalty after that time per day basis. In the billing we're showing the commodity value and this penalty value and paying VAT for both.

Is this penalty for delaying is liable for Service Tax? Please study and give answers

When purchases of hardware material transport or freight charges are inclued & VAT on the that amount are calculated is correct?

A company providing lab services liable to service tax, for the purpose it uses consumables on which VAT is levied and paid. Could such company take a setoff of vat paid agst service tax payable

what is the different between TDS and TCS
PLz Explain example of deducting TDS and TCS

Sir As i am not a manufacturer and i am not registered with central excise department do i need to take a CT-1 form from the department for third party export.Actually i am a exporter holding IEC from dgft.

I have got an order from my foreign buyer. he has remited all amount in advance to me. Now i have contacted a manufacturer based in other state from my. I asked him to send all material directly from his factory to my buyer's destination.and for that i will pay him all the expenditure. I will Give him Invoice and mention his name in that as manufacturer exporter and mine as a merchant exporter (As Third Party Export).

I want to pay him in INR but he is telling without getting payment in USD he can't show the Export and if i want to pay him in INR then i should provide him CT-1 Form and Form H (Sales Tax)to get the benefit of exemption of Excise Duty & Sales Tax.

My question is, In this case Should I have to Provide him the CT-1 and H Form?

He raise a PI to me and mention my name as buyer and my client's address as Port of delivery.

In the amount column he mention Base amount of goods which is finalized between us and add Excise Duty and sales tax in that amount extra. and now if I will provide him CT-1 Form and Form H then he will deduct Excise Duty and Sales Tax From my Invoice.

He is the one who is manufacturing the goods, he is the one who is sending material directly to my client, Material will picked from his factory and landed at Loading (Sea Port) port and from there to Delivery Port (At my client place). I think for this purpose he doesn't required CT-1 and Form H from my side.According to my knowledge he Just need my sign and seal on ARE-1 (Which he will fill up and send to me) Form and Need a Export Invoice from my side mentioning my and his name in that Export Invoice.

We are new for this type of export so i need to know from the expert of this.

Pls this is very urgent for me.