If a company owns a car expenditure related to that car is attracted for fbt
but in the case where the company hie a car whether the hire charges & expenditure related ie petrol, maintenance is attracted for F.B.t

my friend, an NRI, wants to setup a trading business in india.goods( consumable goods) are imported and sold in india.My queries are

i)whether he is liable to pay VAT on imported items
ii) is he liable to collect VAT on subsequent sale in India, if yes, what is the percentage of VAT.

iii).whether he is eligible to get VAT input credit

Hi,

I am B'Com & working in a Leading BPO as a Team Leader with total 8 years of work exp.

I am planning to do a course which has a value in market. I had appeared for GB/PI for excecutive MBA from NMIMS but not selected.

Can you pls suggest for a right course?

Also how much value do these course carry?
1) CFA from ICFAI,
2) CIMA,
3) PG courses from Huges/IIMC etc..

Is it compulsory to have a digital signature to pay taxes online(such as FBT,TDS),But can we do E-TDS return filing also online,If yes then please tell the procedure and the requirements.

whether the Input service tax is fully availed against cenvat and service tax paid on goods transport (carriage outwards) is setoff against cenvat

Can any one help me to sort my problem I was completed my C.A (inter) in 2007 may and i was registered for ca (final) old syllabus .Now i want to shift over to new syllabus is it possible and when i will get my first attempt for Final Exam.what is the procedure for new syllabus registration.

Do we need to deduct TDS when Bill of printing and stationery
And bill of travel expenses increases 50000P.A. in case of 194 C??????????

Can anyone help me in sorting out whether staff uniform given to the employess in hotel industry is to be included in FBT calculation or not?
Pls specify the reason taking in mind that uniform to chefs r statuory obligaiton or not.
thanx

As per India's foreign trade policy as applicable to STP and EOU units these units are exempt from payment of service tax.

http://dgftcom.nic.in/exim/2000/policy/chap-06.htm

Does it mean that one should not charge service tax on the bill amount of services provided to these units and will these services include Rent, Audit fees and other professional services too?

I am going to college from 3.30PM to 7.45PM and going to office from 9Am to 3PM

If i submit form 112 can i do both ca and college????

Please reply and thanks in advance