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Pradip   28 December 2013 at 12:46

Supplimentory form j1

Dear Sir,

we sale the material to our customer against form-H in F.Y.2010-11. but unfortunately we found that the transaction change in 12.5% VAT.

as per Sales tax rule we submit Form 704 in time and that shows refund by Rs.100000.00 we ask you how can we made changes in 704?

Mohit Jain   25 December 2013 at 18:14

Service tax query

As per Mega Exemption 25/2012 Point No. 12 sewerage treatment plant service to government is exempted.
As per Point No. 13 Pollution control or effluent treatment plant is exempted except provided to factory.

Is Sewerage treatment plant service provided to private sector or civil construction or residential developer is exempted under Mega Exemption
Pls. Reply

NAMDEO CHAUDHARI   24 December 2013 at 23:30

Service tax

Date: 24th December ,2013.
Dear sir,
I purchased a house property having built up area 875 sq.feet in lonavala . I entered in to an agreement for sale on 8th August 2012 .and conveyance deed was made on 12 th sept.2012.The builder produced the occupancy certificate dated 06 th june , 2012 which is issued by municipal corporation. The builder told to me that it is completion certificate.
MY question is relating to service tax.
1.Whether I am liable to pay the service tax if the transaction is made after completion of construction ?
2.Whether the purchaser is liable to pay the service tax if the purchase price is less than Rs.20 lakh.
3.Genrally the document is always similar to the other purchaser and if it is mentioned that I agree to pay the government dues or taxes if there will be change in the act. So what are the changes in the provisions of the act which affects the purchaser?
4. I got message from builder through society president to pay the service tax.Whether it is legal to ask for service tax when the construction is completed before the sale deed?
Kindly guide me which will helpful to us and all.
Thanking You,
Yours Faithfully.
Mr.N.B.Chaudhari.

Vishal   24 December 2013 at 15:44

Vat audit under mvat act

Dear Sir / Madam,
There is a client who wants to do vat audit. But he is not having the vat return information filed by him. He failed to maintain the hard copies of returns filied by him. So please tell me whether he can do vat audit without showing vat return details in audit form no. 704?

PREM VERMA   24 December 2013 at 13:11

Transfer price in case of stock transfer on consignment basis

SIR,
WE HAVE MOTHER DEPO AT PUNJAB & MARKETING OVER 18 STATES OF INDIA . WE HAVE APPOINTED CONSIGNEE IN THESE LOCATIONS & TRANSFER GOODS ON CONSIGNMENT BASIS.CONSIGNEE WILL SOLD THE GOODS ONLY AT PRICE WE HAVE FIXED & AGAINST THE ORDER OUR MARKETING REPRESENTATIVE HAS MADE.THE CONSIGNEE WILL GET COMMISSION .WE ARE OWNERS OF THE STOCKS LYING WITH THEM .
CAN SOMEONE CLARIFY THAT WHAT WOULD BE STOCK TRANSFER PRICES FOR TRANSFER OF STOCKS TO OUR CONSIGNEE AT OTHER STATES.PLEASE PROVIDE LAW DEATILS & CASE STUDY IF THERE ANY.

Knowledge Gainer   23 December 2013 at 21:53

Service tax on construction service

I have entered into agreement for development and construction of a building having 4 wings and 72 flats and 20 shop & offices with 25% of saleble area to be given to landowner as consideration.

Events

date of agreement with land owner 01.04.2006
date of starting construction 01.04.2007
date of advances received between 2007 to 2012
date of completion 31.03.2012
certain flats were sold after issuance of completion certificate.

Queries
From which date I am liable to pay service Tax?

Under which catagory? (i.e. construction of residential complex service or construction services other than residential complex, including commercial / industrial buildings or civil structures or works contract servicse)

Whether I am liable to pay services tax on flat sold after completion. (No advances received in respect of such flats till the date of sale)

Mohit Jain   23 December 2013 at 21:01

Vat - up form 38

Inward value of goods which does not require Form 38
or
Is there is any monetary limit to which form 38 is not required to be used.

Sarmistha Bhide   23 December 2013 at 15:24

Income tax

Hi,
Can we pay Income Tax on some one else's behalf? For Example, can I e-pay income tax online (advance tax) for my parent's PAN number? The money being deducted online from my bank account.
Thanks & Regards

sam   22 December 2013 at 05:17

Taxation

Dear Sirs and Madam:

I am nri looking for answer everywhere my question about tax is as follows hope some will me releif:

bought land 2000 2 lakh sold 55 lakh 2010

bought land after 6 months in 2010 on constructiion linked plan in sold in between for 42 lakh since it was construction linked plan within 1 1/2 yr 2012

Rest of the money 55-42= 13 was in the bank.

till date not filed itr my question is
there any 300% penalty in this case or what are my tax liabilties
i ask senior most to answer question please

Rajeev

thanking you for anticipation.

C..a......STUDENT   21 December 2013 at 16:28

Can a.o visit assessee's office premises during scrutiny case?

Can an assessing officer visit the official business premises of the assessee during the scrutiny proceedings u/s 142 of past A.Y.?

Please reply.