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Master NDPS 2.0: Latest Legal Developments, Best Practices & Landmark Case Studies

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Asha   24 November 2012 at 11:19

Exise

Hey experts i have a problem in excise Please suggest Suppose Mr. A purchase goods(X) worth Rs. 500 and pay excise duty of Rs. 50 on it Now Mr. A want to purchase a finished good from Mr. B and that finished good require the input of X Mr. A gives X to Mr. B Mr. B invoiced to Mr. A for Rs. 2000 Now on what value Mr. B charge excise duty? What is the treatment of excise duty of Rs. 50 paid by Mr. A for input X???????? and tell what is the treatment if Mr. b is job worker???/

j.l. yadav   23 November 2012 at 13:47

Tds filing charge,and direct process of refund payment.

SIR/MADEM, MY LAWYER IS SAYING TO ME YOUR TDS REFUND PAYMENT IS READY, BUT YOU WILL HAVE TO PAY RS.700/- FILING CHARGE AND 2% REFUND PAY. THAN WILL RECEIVE AMOUNT BY D.D. AT YOUR HOME.

Pankaj   23 November 2012 at 13:00

Notice u/s 139a

i hv received a notice U/S 13A(entering high value transactions widout quating PAN).how should i reply that notice bcoz i dont knw where i hv commited mistake.How i identify quating of PAN in property dealings.


thanks in advance

Asha   23 November 2012 at 12:00

Service tax return

dear sir/ madam while filling the service tax return, a error occur ......... In payable service sheet, cell C1 ask whether assessee avail any exemption notification Cell C2 ask if yes please furnish the notification no cell D ask S.no of the notification no( if abatement is claimed as per notification no1/2006 st) I filled in C1 yes C2 13/2008-st and Cell D keep blank. than upload the filen next when i checked the status returned rejected sr no not filled any 1 guide me what should be fill in that column, Assesse are GTA receipient and avail exemption. Please help............

Raj   22 November 2012 at 22:22

Plz..help..me...i..m..in..big..problem..plz..plz..help

Dear..sirs/maam..&..student...this...is..raj...i..m..in..big..problem..plz..help..plz......plz..i..m..25..a..ca.inter..&..cwa..interr..&..b.com(h)...i..m..quiting..both..the..finals...i..cant..study..more...i..need..a..job..and..i..wish..to..b..a...tax..consultant..but..the..problem..is..that..i..m..frm..a..small..town..here..tax.consultants..are..not..so..well..established..if..i..work..here..i..wil..get..3000..pm..only..and..not..enough..work..exp..so..i..need..to..join..the..best..lawyer..in..the..country..where...i..can..gain..enough..knowledge..on..direct..tax,,excice,,and,,service..tax..so..that..after..4..yrs..i..can..open..my..own..tax..firm...and..the..2nd..benifit..i..wil..get..if..i..work..in..a..big..firm..is..that..i..wil..b..paid..a..good..salary..plz..help..me..plz...i..need..minimum..13000p.m...i..dnt..hv..any..financial..support..the..salary..that..iwil..get..i..wil..make..saving..out..of..it..plz..help..me..what..shall..i..do..i..prefer..to..go..to..kolkata,delhi,mumbai..i..wil..work..for..4..yrs..with..my..full..effort..even..night..shifts..&..on..sunday..plz..help..me..plz..i..dnt..hv..any..other..option..i..dnt..have..any...work..experience..but..i..m..a..bright..student..plz..tel.me..wht..to..do.

Asha   22 November 2012 at 17:23

Land ?

A PRIVATE LIMITED COMPANY ENTERED INTO A REGISTERED AGREEMENT WITH A PARTY TO ACQUIRE A LAND WITH A CONSIDERATION OF RS. 10,00,000 /- AND MADE A PART PAYMENT OF RS. 2,00,000 /- BUT BEFORE FINAL PAYMENT AND REGISTRATION OF THE LAND THE COMPANY SOLD THE LAND TO THIRD PARTY UPON A CONSIDERATION OF RS. 12,00,000/- , NOW THE QUESTION IS HOW THE PROFIT OF RS. 2,00,000/- WOULD BE TREATED IN THE HAND OF THE COMPANY . WHETHER IT IS CAPITAL GAIN / SPECULATIVE INCOME / OTHER INCOME.

avneesh   21 November 2012 at 22:11

St

a firm had provide service -

in 2008-2009 of Rs. 5,00,000

in 2009-2010 of Rs. 11,00,000(s.t.paid on 1 lac)

in 2010-2011 of Rs. 6,00,000

in 2011-2012 of Rs. 2,00,000


Question- it was required for this firm to pay the service tax on full amount Rs 2,00,000 in f.y. 2011-2012

ars   21 November 2012 at 12:05

Service tax on repair fund of chsl.

Is the repair fund to be collected from the members of the society, falls under the ambit of service tax ?
is the CHSL is liable to pay tax? is there any ceiling above which tax is applicable?

If yes, then what is the way out to avoid taxation?

the above is for a building out of two in the same society. The other one is having mobile towers at the top of the building and is receiving rent for that. is it also taxable?

Vijay Labhane   20 November 2012 at 15:07

Regarding road tax

I have purchased car while working in Goa where I have paid full Road Tax. Now I transferred to Amravati,Maharashtra.Is it necessary to transfer my vehicle to MH state.If so whether I will have to pay Full Tax to Mh Govt again.Being All India cadre,I may again get transfer to other state,what then?

AK PUNDIR   20 November 2012 at 12:18

Service tax on tyre retreading (job work) on export etc.

Dear Sir/Madam,
We are tyre retreaders (Resoling of old tyres)in India. Now we are planing to do tyre retreading for Bhutan customer (Received old tyre from Bhutan, Retread (Resoling) in India & Return to our Bhutan customers. We charges on 80% material Charges VAT/CST & on 20% labour charges we charge Service Tax @ 12.36%.

1. Now My first Query is what I do on taxtion point on tyre retreading for foreign country such as VAT/CST & mainly on Service Tax Charges.
2. My second Query is what I do on taxtion point if I Purchase Old tyre from India, then Retread them & supply to Bhutan Customers (Manufacturing of Retreaded Tyres) at present I sale these tyres in India @12.5% VAT/CST (Sale on tax rate as aplicable on New Tyres Sale) Please help/suggest me on both point, jobwork of old tyre (Retreading) & sale of old tyre after retreading (Manufacturing).

Your co operation will be highly appreciated. Thanks a lot.