Is it now no need to deposit service tax on transportion(Purchase of Raw & Packing material ,Trading Purchase,Sale of Finish Goods) 25% of taxable amount ?

Dear Friends,
I am a Cost accountant and completed CWA in 07-08. Now I want to pursue CA. I m also working in a MNC as Asst Manager-finance. Now my query is :-

1).Can I pursue CA along with Job?
2).If yes, what will be the process to get in for Articleship?
3). I dont want to leave the job. Thus Can I complete the CA?

I heartly wish to do CA course. In graduation I scored 49% marks (thru correspondence).

Pls suggest the way forward.

hi,
i wanted to know if in a real estate company (private company) can they receive any amount in cash towards sale of land...? is there any notification or circular for the same..

Dear sir/mam

My name is srikanth, previously Raosir and CA keerthi mam gave verymuch usefull information for me. (thank u sir , thank u mam)
My doubt:
WHAT is the immediate step to be taken after completing pcc.
plz tell me about the method,time to registration & duration of the final course according to the new process.
Please support me!!!

Thanking you
srikanth.

i need a clarification pls help me.
Our client company is located in a sez unit .it is a sister concern of a abroad company.Abroad workers from parent company are working here.butin pay roll of this sister concern,thier names are not included. but the company gives them some amount as allowance to go thier country thrice in a year.they accounted this amount as vocation allowance under emplyoee cost. is it right ?

can any1 provide me the list of ca firms in thane, mulund & ghatkopar for articleship training. any big, medium or small size firms. pls its urgent.
send the list to my id jigar_jdc04@yahoo.co.in

I purchase capital goods.
that invoice have excies duty and vat.
can i avail cenvat credit both excies duty and vat?
if it is yes means ,tell me how?
if it is no means , tell me how?

please clarify the above query.

CAN ANYONE TOLD ME HOW CAN I TRANSFER LEDGERS FROM TALLY TO EXCEL INCLUDING ADDRESS, PAN, TELEPHONE ETC.

The Company has received Rs. 20 crore against fixed asset as Rs. 10 crore, Rs. 5 crore against the inventory and 5 crore against operating expenses. The Compensation was paid against non perfromance of certain activities for which the above assets we purchased and expenses were incured. The assets and inventory and assets is still with the company and the compensation doesnot include the transfer of the assets.The agreement is the compensation agreement and the company has not to pay any of the amount again in the future.

Please guide on the issue of accounting treatment of the same asap. Please guide me even to any guidance from ICAI regaridng the same

Client is IR (Indians representative) of a cruise company. Cruise co. is not having permanent establishment in India. Clint is booking cruises in India getting payment in Indian as well as Foreign currency. Cruises are not entering in Indian Territory. IR is raising bills & getting commission for services provided in India for cruise booking. He is not charging and paying any service tax on commission income. Whether services are covered under service tax Act and attract service tax provision.
I am enclosing here with the view of one consultant, please advice.
Here Intimidatory means other travel Agents booking on behalf of IR and getting commission from IR. No service tax is being paid/ charged by them also.


1. That your trade is cover under section 65 (105) (zzzv) which state as under:
“Taxable services means any services provided or to be provided to any person, in relation to transport of such person embarking from any port pr other port in India, by a cruise ship.”
2. Secondly, accordingly to sec. 65A classification of taxable services are well defined and trade is undisputedly fully covered by sec. 65(105) (zzzv). Hence, no other clause of section 65 (105) is applicable to your trade. Consequently Business Auxiliary Services, Tour Operators services etc are not applicable to your trade.
3. Service Tax is payable to the government by the service provider and the service provider has the authority to collect the same from the service consumer. In your case as the service provider is (having no permanent establishment in India) and as none of the consumers are covered by the conditions of section 66A read with rule 2(1)(d)(iv) of Service Tax Rules and as the service is consumed outside India no service tax is payable in India as the Service Tax Act applies to service consumed in India or are exported out of India.
Keeping in view the facts of your case, I am of the opinion that neither assessee nor any other Intimidatory is a service provider hence no service tax is payable on services rendered by you or to you.



SUNIL GUPTA