Q1.
a) 1) Related to specified goods-received in damaged conditions.
2) Assessee-Maufacturer,Private warehouse keeper and agent
b) 1) 30 April
2) 30 days
c) Sec 6- CNG
d) Sec 21- Damage/destruction due to unavoidable causes
e) 1) True- not input as per 2(k)
2) True- 5% for manufacturer
Q2.
a) Sunita Devi Trust- Tribunal can accept after 6 month
b) Rs 2,23,000
c) not sure, need ur suggestion
d) If opt for CENVAT-normal provision. if no CENVAT- i think SSI provision
Q3.
a) Shri Badiyanath Limited, Nagpur- Classify it as tooth powder- Trade paralance theory
b) Karam Chand- Not manufacture
c) Those refund which is not transfered to assessee due to unjust enrichment.
Custom
Q4.
a) 1) sec 2(2)-include provisonal and reassessment and nil
2) Sec 2(25) except those cleared for home consumptions.
b) aggregate value received from buyer except from related party -rule 3
c) Please you tell me
d) taking out good out of india, dta to EOU, yes if good crossed territorial water of india, duty drawback available.
Q 5.
a) simple calculation
air frieght- 20% FOB, insurance- 1.125%, Landing- 1%, transportation from airport- nil
b) Sony India Limited- Department is wrong
c) yes, India Sales Internationals
Sevice Tax
Q6.
a) 1) No
2) Yes
3) Yes
b) No, Sec 84-trf to comm (Appeal)
c) 1) Service reciver is liable
2) not fair idea
d) Not attempted
Your inputs are welcome...........
CAclubindia
