Santosh B Karangutkar

we have opened new premises at Place call B, now we need to transfer the available stock to new premises from old premises call A , and as u know both the registration are different and in working.

Kindly understand our following situation.

1 We have procured under advance license with Zero duty – Non Dutiable material, that is Import.

2 We have procured Local & Import material which is coming under – Dutiable material.

As per our information we need to follow-up following procedure.

1. Stock transfer – need to take out information from the date incoming – (which is from very old data, duty for unaccounted Sku’s impossible to be workout cause for each cabinets involved nearly 1400 Sku’s) and make the stock transfer invoice with remarks input clearance as such - along with annexure showing columns that Invoice/BOE no date, Basic Value + Input Duty (Credit).

And for procured under Zero duty against advance license need to intimate letter to DC - Excise along with annexure details of BOE No & Date, Description, Qty, Basic Value , CVD Value and with License copy and BOE copies.

Second Option :

2. Under rule 10 of CCR :- Pls advice on following :-

1) whether it is possible to be transfer all the stock under this,
2) can we need to make annexure of all transfer items and submit to DC of Excise with intimation letter
3) can we seek permission from DC against same letter or we go ahead simply with same intimation letter
4) can they ask new superintendent to identify the material after receipt at our new premises,
5) can we keep alive production activities at our old premises and able to execute the invoicing from old premises in transition period.

Kindly advice on the same as early as possible.

With Warm Regards,
K Santosh - 9820271068


RACHANA DAGA
16 July 2013 at 17:56

Forfeiture of shares

in a private limited company:
if there is no clause mentioning forfeiture of shares then can a company forfeit shares according to table A??
or is it necessary to first amend the clause in article and then follow the procedure given in table A??


Swati Kothari
16 July 2013 at 17:52

Tds return

I have Filed TDS return for the March'13, But its wrongly filed. Please tell me how can i revised the Return....
Its Urgent so pls reply Fast.



Anonymous

hi

i am trust owner of one of trust...

but my log-in id of tds traces has been lost so can you guide me to regenerate the id and password


ash123

Hello everyone,

I am looking for a legal definition of intangibles in a recent amendment to the transfer pricing provision of the Indian income tax law.

i need to cite it in my research work. Please help me in this regard.

Thanking you
Ash123



Anonymous
16 July 2013 at 17:37

Deduction u/s 24

Hi,

I have taken a bank loan to buy a property. To claim deduction u/s 24 of IT Act, for the interest component on loan, the property must have been constructed or completed within 3 years from the end of the FY in which the loan was taken.

Whats the deduction U/s 24, in case there is a delay in handing over of the house by the builder and its completed in the 4th year of the bank loan.

Please clarify and share your thoughts.

Thanks


ranjeet
16 July 2013 at 17:35

Interest on late payment of tds

hi,

i recd notice 4m tds for late filing of tds return, i paid fee for d same, but in correction stmnt whre shld i incorporate the late fee.



Anonymous
16 July 2013 at 17:32

Section 289

Dear Sir/ Mam

Can i circulate minutes of a meeting taken place amongst directors for its valid implementation under 289?

meeting was held basically as an action taken of a board's decision on a matter. pls advice



Anonymous
16 July 2013 at 17:28

Either employment or continue ca

hi i had failed three attempts in ca final, i had completed my articles two years ago now i am at my home. my age is 23.i had analyzed for my failures i didn't have strong understanding of all the aspects so, i had to go further classes. at this juncture should i continue or move on to employment


CA Nitesh shah
16 July 2013 at 17:20

Challan281

I have received demand notice u/s 200A.
They have levied late filing fees u/s 234E.
My question is while filling up challan 281,what is to be written against Nature of Tax and Code column.without this bank can't proceed for payment
Kindly advise





CCI Pro
Meet our CAclubindia PRO Members


Follow us
budget 26-27


Answer Query