I am manufacturing company. I make various import purchase during the year. and for that I have availed service of C & F Agent who provides me various service like pmt of dock charges , custom duty , CHA charges , transportation etc on my behalf and than he raised the 2 bills
1 ] 1st bill for his agency charges
2 ] 2nd bill for expenses incurred by him on our behalf

my question is can I take Service Tax Credit for the amount of service tax charges by various agency , payment of which is made by my C & f agent on our behalf.

Pl give me checklist & procedure & documents required for getting Service Tax credit as third party ledger is not in my books and service tax credit is available on payment basis.

A company was supposed to remit the TDS deducted on Rent(March Month) for the A.Y.2008-09.But the same was not Paid upto the date of IT return and was not disallowed in the tax audit report by the auditor by mistake.Can the same be adjusted with the Tds on rent remitted for the month of May 08 and the Difference amount payable can be paid now????

Question-1
Actual Consideration received Rs 100 lakhs,stamp duty paid for Rs 110 lakhs,full consideration deposited in CG A/c scheme. whether i have to pay tax on difference between RS 100 Lakhs and 110 lakhs.

Question-2

Nearest to the above land for same area stamp duty paid for Rs 150 lakhs.

Whether i have to considre the rs 150 if the answer to the above is yes.

please answer me

with regards
murugesan

We are in business of CAB OPERATOR. We pay parking and toll tax charges whcih altimately recovered from the client.

We incorporate the same charges in bill but not CHARGED SERVICE TAX on these charges

Please advise whether we are correct or not. Whether service tax would be chargeble on parking and toll tax

Regards

Yogesh gupta

Dear Sir/madam,

would you please tell me that the interest paid to Non finacial public insutitutions (kotak mahindra, inian bulls etc ).will attract the provisions of TDS.

Dear Friends,
for the tax audit any fees are prescribed or tariff is there, this much we have to pay. Is is based on the turnover, or complexity of the audit.
one small MNC with the turnover of 200 to 300 lakhs per year could make a provision for audit fees in their budget is 20 to 30 K is that sufficient or it depends on chartered accountants.
Because I want to make a provision for Audit fees for the year 2009-10 budjet.Any other professional fees should be payable to the C.A. other than this Provision.

can a Service Provider avail abatement for one work and no abatemant for other one? is it possible? kindly clarify

Suppose an assessee who is mining service provider and purchase Dumpers/Tippers for providing the mining service. Assessee wants to take the CENVAT CREDIT. He has two option
(a) He can take the credit of Excise Duty paid as capital goods used in mining service under rule 2(a)A of CENVAT Credit Rules or

(b) He can take the Credit under rule 2k(ii) of CENVAT credit as INPUT used for providing the mining service.

Now Dumpers/Tippers is not a capital goods u/r 2(a)A, as it falls in Excise Tariff 87.

Now my Question is that can assessee take the cenvat credit as Input described u/r 2k(ii) instead of Capital Goods. Because without Dumpers/Tippers, mining service is not possible. It is compulsorily used to provide taxable Service. Rule 2k (ii) also describes that all goods except petrol used for providing any output service. Goods can be capital or other goods.

If any goods disqualified as Capital Goods for CENVAT Credit, can it also be disqualified to take CENVAT credit as INPUT

Hello,
We are a Construction Company building
townships.

There is an agreement between two of our
group of company where Company A is under
obligation to estblish the Infrastructure.

My query is that How Company A should
raise bills for Roads, Water-supply
networks, electric network etc.???

As both Material & Labour are used, how
we should calculate VAT on each bill?

Do we require to show VAT on each bill
separately? or we can give cum-vat bill?

At the time of filing of return, how
we should show?

One more point is that we have applied
for VAT Tin and we have started purchasing
material with TAX INVOICE. Hope it wont
take away our right for input credit.

Plz suggest in details.

Bhargav

Hello,
I have received the bills for
advertisement in News Paper.
Got 6 bills amounting to Rs. 48000/-.
One bill is of Rs.30000/-.

Do i required deduct Tax?

Plz suggest.

Bhargav