About me
-
What kinds of questions I can and can't answer?
I would like to answer simply excise,D Vat, Centarl Sales Tax, Service Tax etc.
My area of expertise
Custom and Excise,sales Tax ,Service Tax, accounts, MIS etc
My experience in the area (years):
20 Years
Organizations I belong to:
M/S Complete Exports M/s S.K.Industrial Corporation M/s Bentex Electricals M/s Jain Motor Car Company M/s Parvati Private Ltd.
Publications or writing which has appeared :
No
Educational credentials:
B.Com
Award & Honors:
no
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pradeep
says
: Dear Mr Ram ji
Reg my query A trader importer buys a depb licence from a local dealer for payment of import duty. He pays vat on it to the seller and the seller issues a tax invoice to the importer. Will the importer be allowed to claim ITC of vat paid on depb licence What u r trying to say is not clear to me. Will tax paid on depb licence purchased by importer for payment of tax on imports for resale be allowed as input tax credit or not under the DVAT Act -
shyam
says
: querry relating to central excise
One of my client is Granite manufactures and same will be exported. They purchase rough blocks(Rough rocks/ stones) and do further process like cutting into required sizes and polishing and finishing process. For cutting and polishing they use material called blades and segments hence they manufacturers they do have Central Excise registration number and they pay Excise duty on the blades and segments which they purchased. The blades and segment can not be used more than 3months,(it will become a scrap or useless). My query is, hence the blades and segments can not be used more than 3months the excise duty which they have paid can be claimed as input credit under revenue item(100% of duty amount paid) OR It shall be used under capital goods(50% of duty paid amount will be used in current year and remaing 50% will be used in next year). Please send the reply with in 2hours because it shall be explained before the Central Excise Superintendent. Please help me out to resolve the case. Please respond me. Let me know whether Iam able to convey my question, if yes please help me out to solve my client case. Please send reply to mail Id:Shyam_devasingh@yahoo.co.in immediately it is very urgent. Regards, SINGH.K Consultant. Please help me out to resolve this issue. I once again request you to plese send me reply by today itself it is very very urgent. -
kawal
says
: import
sir, ek party ne phele high sale charges 4.04% lagaya tha... leking aab usne 2% charges lagaye hain aisa kya diffrence in dono main pls explain... regards kawal -
Harshith
says
: query regarding CA
Sir, I'm an MPC student and my 12th class exams will be over by the end of March. I've always had a passion for CA. . I've got some doubts which were never cleared. Should I go for CA directly or should I even do B.Com (honours)? Which institute should I prefer for CPT coaching keeping in mind that I've an MPC background. -
Harshith
says
: q
- Duty paid thru PLA
- Tax- Audit u/s 44AB
- journal entry
- Due Date of Excise and Form of Excise
- Calculation MODVAT
- Regarding CST
- Indian format of number in excel
- CST Rate - 2%
- ESI COVERAGE
- TDS u/S 194c
- Cash Payment Exeeceding 20000
- Service Tax on Carriage Outward
- whether TDS should be deducted on the amt. including ST
- TDS Calculation
- RG 23D Register
Click here to see all answered queries
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