Final ca nov 13 solution-accounts

u can  ask any answer of idt paper.......

i want ans of the sums in idt

Service Tax Ques

Calculation of  Valve of Taxable Service

Taxable service provided under its own brand name-            900000

Decleared Service                                                            240000

                                                                                      1140000

Less  SSP Exemption                                                     ( 1000000)

                                                                                        140000

Calculation of service tax liability

Tax on above                                                                        17304

Tax on service provided under brad na,e of another person       44496

Tax under full reverse charge                                                24720

Total service tac liability                                                        86520

VAT ques

cALCULATION OF sALES

RM                                                200000

Cash Exp                                       400000

Dep                                               200000

Total Cost                                       800000

Mark up                                          400000

Total sales                                      1200000

VAT ON OUTPUT                            150000

less: Input Tax Credit

RM                                                    (25000)

CG                                                     (8000)

VAT PAYABLE IN CASH                       17000

VAT ques

cALCULATION OF sALES

RM                                                200000

Cash Exp                                       400000

Dep                                               200000

Total Cost                                       800000

Mark up                                          400000

Total sales                                      1200000

VAT ON OUTPUT                            150000

less: Input Tax Credit

RM                                                    (25000)

CG                                                     (8000)

VAT PAYABLE IN CASH                       17000

CCR question

Calculation of ED Payable

ED on 'X'                                                           1854000

ED on 'y'                                                             103000

Total ED Payable                                               1957000

Calculation of Amount Payable under R 6(3) (i)

6% of Value of Exempted Goods                                       900000

Less CCR ( CCR can be used for utilisation of ant payable) (900000)

Duty payable by availing CCR

1957000-(1600000-900000)                                  1257000

Q -5 is most simple

wat is the ans

Excise Ques

1000*70                                                   70,000

2400*70                                                 1,68,000

50*70 (Rule-4 read with sec 4A)                    3,500

200*130                                                    26,000

                                                       2,04500 *70% = 143150

Excise dudy payable                            17178

EC & SHEC                                            515

                                                        17693

Custom ques

Assesssable Value                        100000*55=   55,00,000

Export Duty  @ 8%                                              4,40,000

EC&SHEC                                                       13,200

                                                                       4,53,200                                                  

in excise q1 1st part shld it not be 1000*50 bcoz in lma wholesalers,institutional buyers nt included?