H A Patel
30 October 2012 at 17:23
Sir/Madam,
I have a query on Service tax and giving following scenario. Please advise..
An Indian Customer ‘A’ has placed an Order on Indian Supplier ’B’ for Supply of equipment and supervision services for installation & commissioning activities. Currency of the Order is INR. The equipment is to be exported to foreign country under OGL Bond. For affecting export, Indian Customer is to provide CT-1 bond and ARE-1.
On completion of supplies, Indian supplier deputed his Supervisor to Foreign country for supervision activities and raised invoice on Indian Customer for the same. Now, query is whether, Indian supplier is supposed to charge Service Tax on supervision service? Whether, Indian Supplier is liable to pay Service Tax?
Regards
hapatel
D.G. Mohan
29 October 2012 at 21:20
We have a purchase invoice for purchase of goods with TIN no. printed on the invoice. Based on that we took input tax credit. But after one year it was found that the TIN no. on the invoice was fake. What will be the outcome if the vat dept. comes to know of this?
Asha
25 October 2012 at 09:42
Query... 1. Can a private limited company allot shares in lieu of services? And if alloted can they forfeit shares if the service obligations are not fulfilled? 2. A euity shareholder holding 5-10% shares in a private limited company. Andwe demerge the company. Can this shareholder object for the demerger?
Member (Account Deleted)
19 October 2012 at 10:03
Is it necessary to mention registration number of the firm in the Annual Report as well as Resolutions of the Board Meetings while recommending appointment/ reappointment of the Statutory Auditors?
hari sri chunduru
15 October 2012 at 19:47
This is with reference regarding that is joint liability exists between partners interese. I am surprised that none of the experts have knowledge regarding the partnership . Generally in partnership the the relationship between the partners fiduciary which the the experts are could not able say as far as partnership is concerned an agreement which is not consonance with the partnership act void which i hope experts by now should have knowledge when the experts could not able give answer the about the query but trying to give evading answers. Since I have given the equerry the experts woulod some some light on the subject which I have posed to the experts to gain the knowledge. Thanks for the advice of the experts.
anil verma (registeronlyfree)
13 October 2012 at 22:22
Sir
Under article 226, can a Judge of high court evaluate the order of his coordinate bench on the issue decided earlier while interfering in the findings of award of the labour court.
hari sri chunduru
13 October 2012 at 22:09
is there in partnership act or company act that the liability of interse partners(within the partners) is joint and severally in unregistered partnership what is the supreme court of India judgements or any other high courts
Shashank Paradkar
13 October 2012 at 10:33
hi,
is Service Tax & VAT payable on purchase of resale flat.....?
This cost is to be borne by whom.... i.e the seller or the buyer.
What is the % of cost to be paid.
Kindly let me know.
Regards
Shashank
akash
07 October 2012 at 15:09
Hello Experts,
One of my relatives is one of the two Directors of a Private Limited Company. The other Director has gone missing and has been untraceable (FIR has been lodged). Questions-
1) The cheque signing authority is in joint name. My relative is not able to issue any cheques due to this. What can be done if this has to be changed to single name?
2) If the other person continues to be missing or God forbid, is presumed to be dead, and there is no will available regarding whom his 50% share would be transferred, what happens to that share?
Thanks
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Income tax
Dear Sir, My company announce a scheme to our distributors under which they will give 50% discount to their distributor or 1 unit free with purhase of 1 unit for the promotion of their product. i want to know that is it allowable under income tax act. if it is allowable uder I/T act. What will be the accounting treatment for giving 1 unit free with the purchase of 1 unit. I want also to know that what can be the maximum limit of giving discount to customers.
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