saurabh
31 August 2011 at 17:05
CAN ANY PROVIDE THE DETAILS OF COMPOSITION SCHEME FOR WORK CONTRACTOR UNDER RAJASTHAN VALUE ADDED TAX ?
rahul k
31 August 2011 at 16:43
(1) Whether the finished goods lying at the time of debonding eligible for clearing under bond for export? What are the relevent circular by the CBEC?
(2)Can be the balance CENVAT credit transferred to DTA unit?
Dear all,
We are an EOU, We are importing goods from related parties. Hence matter has been refferd to Customs- Special Valuation Branch (SVB), as per practice, SVB ordered for Provisional Assesement of related party Imports with 5% extra duty deposit (EDD) as per Circular No. 11/2001-Customs dated 23.02.2001.
Kindly let us know, wheather legally EDD can be made by an EOU ?
EOU is carrying out import clearance without payment of whole of custom duty as per Notification No. 52/2003 -customs dated 31.03.2003.
Waiting for reply,
Thanking you in advance.
Anonymous
30 August 2011 at 16:28
sir,
as we understand an NRE (non residential external a/c) is absolutely tax free a/c (for proncipal and interest derived) for that financial year for which the person qualifies to be an NRI (as per the definition gazatted by Income Tax).
my question is - does his interest income (lets say he holds Resident FD, Resident Saving a/c etc) he derives also be taxable and if so at what rate. my associated point that i would want to ne answered through this great forum is - does the 180,000 Rs (in financial year) slab of Income Tax Dept not come in play for an NRI for his interest incomes.
kindly shed some light sirs...
thank you.
neeraj
30 August 2011 at 15:53
DERA SIR,
I HAVE PUCHASED FLAT FOUR MONTH BEFORE & PAID COMPLETE PAYMENT TO THE BUILDER & DONE THE REGISTRY OF FLAT WITH INTKAL.NOW BUILDER SEND ME LETTER FOR SERVICE TAX ,WHICH WAS NOT DISSCUSSED WITH ME.I HAVE TO PAY THIS TAX OR NOT.
Anonymous
30 August 2011 at 14:51
HOW I KNOW MY WARD, CIRCLE & RANGE WHEN I PREPEARED MY INCOME TAX RETURN.
JEGADEESAN
29 August 2011 at 19:42
Dear Sir,
I wish to clarify a doubt regarding EI Sale.
Mr. A regd dealer in Tamilnadu & purchased the goods from B of Mumbai. Further A transferred the same goods directly from Mumbai to B's Customer(C) who has office in Tamilnadu.
Is it eligible to get exemption U/s 6 (2) of CST Act?
Further is it possible the goods ordered from B to deliver the same to C's godown in Kerala?
Your immediate reply will amke me glad.
I want to know for greenfield project can a company availed CENVAT benefit of Service Tax & Excise .
If a company putting a power plant for their Green field Project and any expenditure incurred on account of paying a service tax & Excise, can this service tax & Excise will be CENVATABLE for green field project.
1. If Yes, any notification
2. If No, any notification.
I want to know for greenfield project can a company availed CENVAT benefit of Service Tax.
If a company putting a power plant for their Green field Project and any expenditure incurred on account of paying a service tax, can this service tax will be CENVATABLE for green field project.
1. If Yes, any notification
2. If No, any notification.
Sales tax in tamilnadu
I had rented my house in Bangalore, to a business person, doing business in Hosur- Tamilnadu. The house was let out for residential purpose.
The tenant stayed from 1997 to 2004 and vacated the house.
In his filing with tax authorities, above tenant has filed with my house as corporate office. As per Tamilnadu sales tax, he has defaulted on payment of sales tax to Tamil nadu government during 2002 to the tune of Rs 10 Lakhs.
Assistant commissioner of Hosur zone along with a present director of above company have issued notice to me in April 2011 (received by me in August 2011), intimating that I am liable to pay the above sales tax.
It is not clear to me how Government can issue a notice to me. I would be greatful if any of the experts can advice me how to deal with above.
Thanks in advance.
R.Prabhu