Dear experts,

I need to know what is difference canvat and excise and its utilation for credit. I heard some people taking canvat credit, I am confused about excise and canvat. Excise levied on goods input purchased for manufacturing purpose called canvat credit and when we sold the goods with the state , we can take credit of duty on purchases.

Is is because of goods purchases from with in the state or outside the state..

Please reply me with examples ..


Thanks

Karan verma

sir i am facing problem in saving the xml file.while saving the xml file at the end of e filing the excel utility shows the location of xml file but when i search on same location i dont find it. i dont understand where is the location of xml file where it is saved automatically???

hello,
I'm pursuing CS and waiting for my executive result to come.After that i'm planing to undergo 15months training and final preparation both together.I'm confused whether to do training under PCS or COMPANY??
can u all please guide me.

sir, when are the registerations for cs executive course possible for june attempt.
thank you

Pl Answer my Query :-

1)IF Pvt Ltd Co. fails to appoint first auditor with in 30 days,what are the Consequences and then after 30 days, what is procedure to appoint First Auditor.

2)First Auditor need to be intimate to ROC ?

Dear Experts please help me on this

Please tell me the procedure to supplies made for setting up of solar power generation projects or facilities as per clause (viii) of sub rule (6) of Rule 6 of Cenvat Credit Rules 2004

Dear Experts
I hv received a default notice from IT Deptt. for late deposit of TDS. TDS deduction date was 30-04-2012 and due date of TDS deposit was 07-05-2012. I have deposited TDS on 16-05-2012 including 1.5% interest thereon (for one month delay deposit). But TDSCPC calculated 2 months default. Kindly help me whether I was correct or Deptt.'s demand is correct. If Deptt.'s calculation is incorrect then please let me know next process.

Thanks.
Pradip Pandey

Hi ! Is professional tax applicable on partnership firm or on numbers of partners ? Plz let me know abt tax slab !

Our division's all 4 Qtr.return of 2012-13 have been filed.Now we came to know that salary and TDS amt.of Qtr.2 and Qtr.3 needs correction.The amt is also showing in 26AS.I have downloaded Consolidated file for Qtr.2 and 3 but RPU is not allowing correction in salary or TDS amount and showing"For matched /provisionally booked/overbooked challan/transfer voucher,update is allowed only on fields-section code,interst amount and others amt."
Do i file revised return(and How) or how to correct amt.as others can claim refund due to earlier wrong(Excess TDS ) return filing.

Hi,suppose one company is deducting TDS on contract @ 1%. To find whether the deductee is firm or company(becoz only for HUF & Ind. it is 1% & for others it is 2%) , i got the pan of deductee.
For Example . Service Bill of Deductee is in XXXX.
Deductee name is YYYYY.
The company deducted TDS in name of YYYY @ 1%(individual rate).
How can i track that XXXX is a sole proprietorship or firm ?