i have started a catering business (only outdoor services non AC). so i am confused that should i go for vat or service tax

What if a customer pays more than Invoice, how can that amount be shown in account , Apart from freight charges and other charges. so I need to charge vat on freight nd other charges too.

Dear Expert,

Please advise if excise duty is part of turnover? Say a bill is of Rs. 100/- and excise duty is 20/- and vat is 5/-. Whether turnover is 100, 105 or 125?
How to present in balance sheet. They say, it has to be shown separately, viz, gross less excise duty = net sales.
Won't it downgrade the turnover?

Please help.

Respected Experts ! If we draw a salary structure of the employee based on the full month attendence then in case of his absents will all the components of the salary slip change including basic salary or the basic remaining same some other components will be adjusted? and what will be the effect on the PF and ESI Contributions Will these be changed alongewith or not?

Respected Sir, This is my 5th attempts in Cpt. Till now I have tried many ways to bit the examination. However I could not. This is my humble request to all of you please guild me regarding this so that I will do bit the same. Your reply is really appreciated for me.

Hi, I am trying to understand meaning of cash in hand as shown in Balance sheet of a small company. It says Cash at bank Rs. 4 crores and Cash in hand Rs. 3 crores as at 31st March. Is it possible to have so much cash on hand for a company? Can a co. Keep this much cash on any date?
Appreciate your professional views.
Thx

Dear Sir's, we have deducted TDS on include of service Tax. from starting Apr-16 to till date of all bills(which applicable bills) today we came to know before service tax should be deducted. We have deducted and paid to govt, also In E-returns showned even though issued form 16 for Q1 and Q2 to all vendors , in Audit they found us what to do know Need help on this.....

We are under renovation. Hence we are making pmt to a interior 1.5 cr, what should be the entry for that (5* hotel)

Dear Sir / Maam,

A car having WDV of Rs. 28 lac on 31.03.2016 was sold at Rs. 23 lacs on 31.12.2016......Please guide me the treatment of this transaction in Profit and Loss Account and Balancesheet.

Regards
Rupinder

My client has purchased a Cartridge amounting to Rs 10000. Now this amount should be debited to which account? Printing & stationery A/c or Computer expense a/c??