HI DEARS
I HAVE FILLED THE APEAL IN VAT (U.P) OF MY CO.BUT IT WAS DELAY BY 1 DAY.TO JT.COMM. VAT U.P.
SAO CAN ANY ONE MY SENOIR GIVE ME ANY SOLUTION & COURT REF. ETC. SO THAT IACAN GIVE HIM A REASON FOR DELAY .PLS .
I am a Manufacturer Exporter of S.S.Utensil. All the finished goods which i manufacure is exported to foreign countries. The Raw Material which i purchased i.e.(S.S.Flat, Oil, Acid etc) are Excisable and my Finished product that is S.S. Utensil is Exempted . I opt the scheme of Duty Draw Back scheme of Central Government.I am exporting my product from last three year and given eyery kind of information regarding my work to the department and filing Excise Return Monthley. My all export has been done under the supervision of Excise Department.They never raise any question for any additional duty for the goods i manufacture for export. Now a new supritendent has come and asking the Excise duty to be paid on the intermediate goods by imposing the rle 67/95 of C.E.Rule.He told me that as during the course of manufacturing S.S. Patta -Patti is generated and it has 8% duty were as your final product which is S.S.Utensil is exempted so you will not get the exemption of notification 67/95 and till the stage of patta-patti you have to pay the duty. I told him that as whatever i manufactured is exported so local excise rule is not applicable on me , but he refused my statement and issued a showcause notice, demanding the duty upto the stage of patta-patti used for he goods i manufacture for last one year for the goods exported. I therefore request you to please tell me what to do in such circumstances, and also inform me that shall i have to pay any extra duty for the goods exported out of india.
whether purchase of ready made equipments from some registered dealers, then errect it on specified place with certain other fabrication works becomes works contract or supply contract i.e direct sale.
(please clarify the same for Karnatak VAT Act.)
1)Is there any law called as general laws ?
2) Is there any definition in the same regarding "relative" ?
3) Can the two wives of the same person can be termed as relatives for the computation of tax purposes ? {Mr. A has two wives, Mrs. X and Mrs. Y.
Mrs.X gifts to Mrs. Y (may be cash or immovable property). Is this
taxable in the hands of Mrs. Y ? }
Dear All,
Where will i find article on stamp duty and registration amount payable on Lease / Leave and License and Business Conducting Agreement accross the states in India.
Please guide me in this regard.
Arun Wadikar
Advocate
Dear Sir i need clarification regarding any exemption available for non payment of service tax due to non collection of service tax from the recipient of the service.
one of the service provider(laboratory) providing inspection and certification service which is came under the service tax net in July 2003 but above tax provider get registered under service tax for service tax assessment only in oct 2004 and pay ST as per Rule.
Now the department issue a notice for demanding ST for the period from July 2003 to Sep 2004 what is the remedy? is there any exception available
Please clarify it
Thank you
Hi friend did anyone know that what is the vat & cst rate for stone chips in west bengal & jharkhand. thanks in advance
Hi Expert Panelists,
I have a question about LONG TERM CAPITAL GAIN TAX.
(1) I have purchased a residential flat in March’06
(2) I had a residential Plot only (without any accommodation built on it).I held it for more than 20 years. Recently I sold it in March ‘07. I am under impression that no LTCG is payable for immovable properties, like Shares and Stocks.
(3) I had a commercial Property held for more than 25/30 years.I sold it in March’08
The purchase cost of residential Flat purchased in March’06 is more than the total receipt of residential plot and commercial property.
In view of above do I have to pay any LTCGain? If yes at what rate?
I will be obliged to have your views on the subject matter.
Bhasker Parikh@gmail.com-Date 07/11/091110 hrs
Hi Expert Panelists,
I have a question about LONG TERM CAPITAL GAIN TAX.
(1) I have purchased a residential flat in March’06
(2) I had a residential Plot only (without any accommodation built on it).I held it for more than 20 years. Recently I sold it in March ‘07. I am under impression that no LTCG is payable for immovable properties, like Shares and Stocks.
(3) I had a commercial Property held for more than 25/30 years.I sold it in March’08
The purchase cost of residential Flat purchased in March’06 is more than the total receipt of residential plot and commercial property.
In view of above do I have to pay any LTCGain? If yes at what rate?
I will be obliged to have your views on the subject matter.
Bhasker Parikh@gmail.com-Date 07/11/091110 hrs
TDS F.Y. 2009 -2010
As per the chart attached Education & Higher Education cess is not applicable on payments except salary payments but still many CA say it is applicable. Dear expert please tell me about education cess applicability
I also needed TDS chart & its notes from VG mehta if available with you.
Awaiting your valuable reply
Ami