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Amit says : SERVICE TAX
I want your opinion on follwing: we are having two Manufacturing units, EOU & other is SEZ. EOU unit avails CENVAT on inputs, capital goods and input service from begining. Now EOU is also providing output service such as bus repair. My question is: 1. Can EOU discharge the liability of service tax on output service by utilizing the available CENVAT credit? 2. Is it mandatory to maintain the separate records both for input service utilized for manufacturing goods and input service utilized for providing output service? 3. The Correlation between input service and output service is necessary? 4. Can EOU get the refung of unutilised CENVAT credit under rule 5 of CENVAT Credit rules.? Pls Answer earliest. Best Regards,

rajneesh sharma says : input credit of vat on purcase for office u/const
Can we take credit of vat on purchase for the office building under construction

Dinesh Sawant says : CST
In case of Software Downloand via Internet (ESD) Order tax charges 10.30% Services Tax & CST 5 %. But in this Case C Form is applicable Or Not? In ESD Order CST 2% ( C form ) is applicable Or Not?

k srinivasan says : tds on softwares
sir we are the antivirus software sellers to the end customers they are deducted 10% tds on total bill value. Our invoice has vat and service tax. it is correct please give correct clarification on that

Stoosh Joseph Hills says : Tally ERP9 Problems
1. STOCKS AND MATERIALS CONSUMABLES All stock items with opening balances have no proper movement (in and out). Although stock items increase and decrease as one enters or/and issues, the stock value don’t seem to change. For instance you may look at ‘Aluminium foil’ stock movement; also, ‘Paper bags’ stock movement. 2. PAYROL a) Factory processors (these are tea processors in factory) are paid per manday worked. The rate depends on the minimum wage prevailing. The prevailing rate per day is Sh 3,288.4. How much this worker should earn per month will depend with on how many days worked. This means this worker’s salary is not fixed, it fluctuates. How do you set this on the system? b) Likewise, there are times when estate workers (field pluckers) are paid based on kilos of green leaf plucked, under the known rate, and there are times when these pluckers are assigned tasks other than plucking and they are paid in mandays (per day). We had thought of using ‘Attendance/Production type’. How do you do this? Is it possible? Any suggestion? 3. OUTGROWERS PAYROL We had created payroll for people who supply us with green leaf (Out growers). Now, after the payroll was created and information entered, on displaying the ‘Payroll Autofil’, the following was encountered:- a) Out growers’ deductions becomes double the actual amount entered. This affects their net pay. For example, if Allen’s deduction previously entered in payroll is sh 2,000; However, after doing ‘Payroll Autofil’, it shows 4,000 sh! This affects ‘Net Pay’. (E.g. Our Payroll voucher No.2) b) Also on the same payroll vouchers, some figures not previously entered as deductions appear! These are such as up keep, maternity leave deductions etc not. c) Previously, we were using MYOB package, the way loan deductions from out growers had been entered into a MYOB system was in scheme wise (village). Now, with TALLY we have entered out growers deductions individually (per person). The problem is that, opening loan balances are still in scheme wise while we have changed the way we record into individuals. (E.g. Opening balances for agricultural inputs recovery ledger). How can it be done? d) Plucking rates per kilo of green leaf plucked are sh 71.49, sh 80, sh 93.15, sh 150, and sh 193. These rates have been entered in the system (as Attendance production type). The use for each rate depends upon the season i.e. whether it is dry weather or rainy season when green leaf is more. Now, it seems some of these rates (especially, sh 93.15, sh 150, and 193) cannot be seen in the system when requested. 4. TEA SALES There is tea sales which have been entered as ‘billed’, as a result made tea stock does not decrease as one enters tea sales. This means, made tea stock seems to be larger than it is supposed to be. This is especially on the so called ‘billed’ sales (E.g. our tea sale invoice No. BMF 272/09, BP1 277/09, DUST 271/09, PF1 275, and PF1 256). As a result of this, made tea closing stock in our TALLY system is 46,862 kg instead of 33,493 kg. Giving a false stock of 13,369 kg! 5. OTHER SETTINGS a) Sometimes the system settings change automatically without being changed by anyone. For instance, sometimes postings previously under ‘Primary category’ once opened/accessed, changes to a say ‘Fixed Employee Category’. Also, sometimes ‘Account Vouchers’ change the look i.e. from a normal look (e.g. from double entry to single entry) without being changed by anyone. b) We need to control/limit access to the system (protection password).