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sandeep Upadhyay   31 January 2014 at 10:02

Bill of ecports for sez unit

Dear experts
We have sent goods to SEZ unit under LUT.While submitting of Proof of exports(certified copy of ARE1) the department demanded Bill of exports alongwith Certified ARE1.Is necessary to submit Bill of exports alongwith POE.Also want to know to who is liable to file/generate Bill of export in case of SEZ dealing. Consingee or consigner?

Thanks
sandip

suryakant n joshi   31 January 2014 at 08:47

Sale of old house

i got a old house in 2008 in my name as an heridiatery/ancestral property from my parents.i sold this property in jan 2014 for Rs.80,000/-property is situated at taluka place in maharastra offical valuation written on sale deed is Rs2,50,000/-
pl advice in detail what is my tax liability and other things.where to invest moneyfor tax exemptions

Sathish   30 January 2014 at 23:15

Legal metrology

Hi,
If a company has both manufacturing and trading activity, whether the company can registor under legal metrology for trading business.

Note: Trading and manufacturing located in different location

vishal   29 January 2014 at 20:33

Vat

Sir,
I am A registered dealer under TNVAT and CST I am purchasing Valves in Chennai from the Manufacturer and selling it both in Tamil Nadu and to Dealers of other State. The Valves sold to dealers in other state are sold on 2% CST. Can I claim Credit for the excess VAT for the materials sold on CST?

Arif Ali (Apt Co Advisory)   29 January 2014 at 19:37

How can service tax officer observe the fraud.

Dear Experts,

Suppose a entity provide two type of services. One is taxable and second is not taxable. So the Entity issue the invoices to clients for taxable services provided and charge the service tax. and collect the amount with service tax.

Later now the entity change the some invoices and show under non taxable services. and thus the entity does not deposit the service tax to Govt.

Now my question is that on servey how can a service tax officer observe that the entity have done the fraud? (apart from this that demanding the bill from clients)

Plz explain it.

Thanx.

Upendra P Sinha   29 January 2014 at 17:00

Income tas & provident fund deducted but not deposited by company

I have superannuated from a public limited company based at New Delhi. The company a deducted an income tax of Rs. 3,18,998 from my salary and partly deposited with the IT Department. Therefore they have not issued any Form 16 for the previous financial year 2012-13. Similarly they have not yet paid my dues towards Full & Final settlement. What should I do?

I solicit your expert advice on this.

hdshardik   29 January 2014 at 16:43

Capital gain tax

1. When an asset whose cost is N/C and sale it, is it liable for Taxability? It is not depreciable Assets? Cost is nil as the purchase / acquiring cost is already written off in P&L A/c and how that material is sold to third parties for consideration, is capital Gain attracts?

Rupesh   28 January 2014 at 20:52

Tax on selling land

Hi,

I am selling my land in 40lakhs and the total amount will be credited in my account in one shot by buyer. do i need to pay tax on this sale amount and if yes then how much tax?

sengottuvelmarimuthu   28 January 2014 at 11:52

It exemption under 10 b for an 100% eou .

SIR I AM HAVING AN 100% EOU GRANITE MINING UNIT UNIT SINCE 2008. I USED OLD MACHINERY FOR THE GRANITE DIMENSIONAL BLOCKS PRODUCTION. IN THE FINANCIAL YEAR 1.4.201-31.3.2011. I AVAIL IT EXEMPTION UNDER 10 B. NOW MY INCOME TAX OFFICER SAYS MY CLAIN IS INVALID IN 2 REASONS. 1. MINING WILL NOT A MANUFACTURING WORK. 2 USING OLD MACHINERY IS NOT PERMISSIBLE TO CLAIM IT UNDER 10 B OF INCOME TAX ACT. PLS GUIDE ME.

atul shkeharbhai nagarkar   27 January 2014 at 18:39

Credit note and debit note

Hello
sir i want to know about credit not and debit not what is effect on vat?


i also want to know about high seas sales and export through h form?what is the effect on vat?

i want to know cst rate ?