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Manish Kumar Gupta   15 March 2010 at 12:54

Removal of goods from factory premises after invoincing

Dear All.

Is there is any time frame fixed under the central excise act, for removal of goods from factory premises after invoice generation.
or In what time these goods must be removed from the premises after invoice generation.

Regards,
Manish

Anonymous   13 March 2010 at 17:36

Excise exemption certificate

We received an a copy of excise exemption certificate from Govt undertaking. On confirmation our excise range told original is needed. Now we have despatched the consignment with a xerox copy. The govt. undertaking states that they are not able to trace the original and we too are not having the same. Please confirm whether we need to submit the original to excise range or xerox copy will do. Also please advice how we can go about in this issue. If provision exists for this issue, please give the legal support for the same.It is very urgently needed and I will be eagerly waiting for a reply soon please.

sstapler   13 March 2010 at 17:16

relief under section 89(1)

My gross income is 263248/-
I have got arrear of 19484/-
this year's salary p tax is 1540 and differential ptax for arrear is 240 and differential PF of arrear is 984/-
my total savings under sec 80C is 5714+7500+14236+10100+4800
My previous year's income was 161874 with 9tax of 1320 and savings of 7500 only. Please tell me the tax payable with the relief of section 89(1)

Ivin Gancius   13 March 2010 at 15:22

Tax for royalty by foreign firm

If a foreign Co., be it a US Co., licenses a patent and trademark to an India-based company, and the India-based licensee pays US company royalties out of India, what tax, if any, does the US Company need to pay in India?

Anshul   12 March 2010 at 14:26

excise - n/n 214/86

is it true dat................. exemption of 214/86 is availaible to job worker only if it is an intermediate goods for principal manufacturer?


or it is availaible irrespective of dat d goods r final product or intermediate goods 4 principal mfrer....

pratik   12 March 2010 at 13:58

Direct Tax Code, 2009

Hello experts

1)When i was reading the direct tax code, 2009 a section say that between the assessee and the ITO, A.O. Or any higher authority will be designated as a civil court . so can i say that the conetmpt of court act, 1971 is applicable if any contempt occurs.

2) as i it also say that between the assessee and the ITO, A.O. Or any higher authority any proceeding will be considered as judicial proceeding so i think that the conempt of court act, 1971. also pls tell me what is the meaning of judicial proceeding.

Thanking u all experts in advance.

rakesh   12 March 2010 at 11:42

Please answer this

Please answer this

a) What is the taxability of alimony received from ex-husband under mutual settlement

b) What is the taxability for income earned on FD for the minor son from ex-husband towrads his maintanence under mutual settlement

regards

Anonymous   11 March 2010 at 09:59

calculation of long term capital gain

iam a widow lady ihave purchased a residential plot in april 1994 for rs. 147500 and after that i have paid 212422 as enhancements and convyencedeed expenses and i sold it on feb-2010 for 2600000 and paid 100000 as comission to property dealer and after that i have purchased a booth(commercial)in feb 2010 please calculate the l.t.c.g and is there any benifit for widow lady in income tax..

Anonymous   10 March 2010 at 17:22

Karnataka Vat

Hi
i need clarification on the taxability of undivided share of land on the sale of flats.

hussain   10 March 2010 at 11:19

T.D.S on Packing Cartoon

Sir,
we are purchasing cartoon with a specfic lenth and design but between me and party there not any contract for that in this case T.D.S is applicable or not please sugges me and one another thing that one party is charging only Vat @4% and another party is charging Cenvate Payable @8%the Ed Cess 2% sec cess 1% after all this tax inculding materail value on that they charge us 4% vat.

Thanking You