whether the cost of gunny bags used to store & sell the manufactured sugar can be included in the cost for the valuation of finished goods.
and secondly, whether the excise duty paid on the gunny bags can be availed as cenvat credit. a case supporting the availment of cenvat will help me, as at present excise authorities has denied the cenvat on the same
whether the cost of gunny bags used to store & sell the manufactured sugar can be included in the cost for the valuation of finished goods.
and secondly, whether the excise duty paid on the gunny bags can be availed as cenvat credit. a case supporting the availment of cenvat will help me, as at present excise authorities has denied the cenvat on the same
Can Any one explain me the provisions of Section 79 of the Income TAX Act.
Kindly xplain in own words as i know the language of section in the Bare act.(but could not understand the same)
THANKS
My client has outsourced the collection work & pay a commission of 5% on the collection amount. We are going to deduct @10.3%. But they are asking us to deduct @ 2.06% contending it has a contract payment. Whether they are justified or not.
There is cash discount given by the Party in Purchase Invoice after charging Excise Duty @ 16.48%, in Excise invoice.
Then on the remaining amount CST @ 3% is charged.
Is this the Correct Treatment?
Also what should be the treatment in Commercial Invoice?
Please help me on this matter.
i have the following 3 queries on AS11:-
1 Is reinstatement of advances paid necessary under AS11?
2 Can forex gain/loss be adjusted against cost of fixed assets ?
3 To buy an asset a certain amt is paid as full & final payment.Should the cif value of the asset as on bill of entry dt. be considered as its cost or should the amt paid be its cost?also plz suggest the a/cing treatment for your view?
i have the following 3 queries on AS11:-
1 Is reinstatement of advances paid necessary under AS11?
2 Can forex gain/loss be adjusted against cost of fixed assets ?
3 To buy an asset a certain amt is paid as full & final payment.Should the cif value of the asset as on bill of entry dt. be considered as its cost or should the amt paid be its cost?also plz suggest the a/cing treatment for your view?
Can anybody pls provide me list of Accrerated Institute in Mumbai for CA Final
is there any university which provides BACHELOR IN GENERAL LAW(BGL) OR LLB in distance learning WITH ONLY 10+2 QUALIFICATION.AND IS UGC RECOGNISED
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
cost of gunny bags