Dear Experts,
If a manufacturer of heavy machinery - say - heat treatment furnace (CETSH 8417000) manufactures the product at customer site. That is - the manufacturer purchases sub assemblis from vendors. He brings these sub assemblies (inputs)to his own factory and then sends to customers site. Then at customer site he actually manufactures the final product - i. e. heat treatment furnace. There is no doubt about the manufacture of the furnace. It is manufactured at customer site from these sub assemblies (inputs). My doubts are:
1. The manufacture takes place outside the manufacture's factory. It takes place at customer's factory. Customer's factory is already an excise registered factory for his own manufacture.So what about registration for the HT furnace manufacturer? Can / should he register a part of the customer's factory for his HT furnace manufacture activity?
2. The sub assemblies (inputs) will be purchased at the manufacturer's factory and then be sent to customer's factory for manufacture of final product (HT Furnace). What procedure to be followed for removal to customer's factory? Because this is not removal under Rule 4(5) (a) to job worker.
3. Can the manufacturer avail cenvat credit of the sub assemblies (inputs)? Can the department take a stand that these inputs are not used in the factory of manufacturer?
nitin jain
25 August 2011 at 13:30
dear sir/madum
As per the attached excise exemption policy for uttranchal,we have an exsisting unit in uttrakhand.we go for expansion before 7 jan 2003.our commercial production start after 7 jan 2003.we are entitled for excise exeption or not?please clarify us.
thanx
Anonymous
25 August 2011 at 09:06
Hellow This B Vajravelu from Hosur tamilnadu. Can any one give me the Indemnity bond format for submitting the duplicate copy of Form 17 under tngst act tamilnadu as well as CST act tamilnadu(For duplicate copy of C forms)
Thanks & Regards
Vajravelu
8870006025
Anonymous
24 August 2011 at 15:42
sir/madam,
my client have a registered school under society act and getting some donation form germany so pls give me proceedure for reg in 12A for exemption 80G
pls give me ans on urgent basis
thanks & regards
gaurav kr gupta (jr. advocate)
agra
awadhesh khadiwala
23 August 2011 at 21:17
sir,
i have purchased 2 life insurance policy one from lic in1987 it,s preimum isRs 1383 in my name and other in my son,s name in 2005 it,s preium wasRs7421 from bajaj allianz now bajaj allianz is collecting service tax edu.cess and inhanced preium to Rs 7535 I lodge acomplain with insurer to not collect taxes from policy holder but bajaj is not agree.NOW MY QUITION IS WHEATHER bajaj allianz is right if not what remady avilabel to policy holder. awadhesh kumar gupta.
Anonymous
23 August 2011 at 15:25
Respected Sir
What is the solution if a wrong accounting head is selected while payment of service tax?
ajithkumar.t
22 August 2011 at 17:28
A Govt: company leased out its land , building etc. It receives lease rent together with lease premium. Whether service tax applicable on it. If so is it applicable to both lease rent and lease premium or lease rent only.
Anonymous
22 August 2011 at 13:31
Dear Sir,
At first I want to describe that what is “Jatra” ?
Jatra (origin: Yatra meaning procession or journey in Sanskrit) [1] is a popular folk-theatre form of Bengali theatre, spread throughout most of Bengali speaking areas of the Indian subcontinent,
Jatras are usually epic four-hour-long plays, preceded by a musical concert often lasting an hour, used to attract audiences. The dramatic performance itself is liberally interspersed dramatic monologues, songs and duet dance routines on the folk tunes, which often serve as scene transitions and sometimes mark the end of an act. Jatra plays are usually performed on stages that are open on all sides in open-air arenas. The stage often had minimal or no furniture or props, it was rather seen as a neutral space, free to be given a meaning befitting the scene, this technique continued even when jatra started getting performed inproscenium theatres. Sets, props and lighting came in much later, when its started interacting with Western theatre in late 19th century, as urban educated youth started joining the jatra tradition.
Now question is that If an advertising agency advertises a client’s product through “Jatra” or Cinema Hall in West Bengal then service tax is applicable for that advertisement or not?
Please give me your valuable view on above mention matter.
Regards,
Manoj Kuamr Pandey
Challanging problem
someone has scrutiny case in income tax office. he submit balance sheet and copy of account of unsecured loans, Expenses, debtors above Rs.100000/- creditors above Es. 1,00,000/- Copy of capital account.
But before submitting capital account he make variation in it... as in capital account there is Debit of 3,00,000/- in may which he has deleted as he is doubting of this entry in correspondence credit of 300000/- in march is also deleted.
But now income tax officer demand cash book. Problem is, after deleting the entry of Rs. 300,000/ of may the cash book show negative balance in nov. In nov we deposit 450000/- in CC account of bank.. Bank statement is also filed.. so how can i solve this negative balance problem of cash book??