If an assessee providing service of Transport of goods by road is exempt from service tax payment since the recipient is liable to pay it, then under which notification, both prior to 01.07.2012 and after that, the assessee can claim exemption while filing the service tax return?

Please answer, it is very urgent.

Hi,

We have got some used material from our office head quaters for internal testing and are lying in delhi customs for almost a month. They are requesting for NOC from MOEF.

Unable to get any details from MOEF site, could someone help me in this case.

Regards
venkat.

i want to change the name of the proprietorship firm in the service tax registration & what is the procedure. pls help me

We are purchasing Coal after paying Tariff rate 6% excise duty + 2% (Edu. Cess) + 1% (S&H Cess) for producing / processing producer gas for the manufacture of our final product i.e. Electricity Generating sets & Turbines etc..
Before processing Coal for producing producer gas, we are using big size Coal for processing & some coal fine are not used for processing producer gas. This is called Coal fine scrap (27060090).
During the process of producer gas, Coal Tar is generated which are called as Coal Tar Scrap (27060010). W.e.f. 01.03.2011, we are paying excise duty @1% + 1% (Edu. Cess) + 1% (S& H Cess), under Notification No.1/2011-CE, dated 01.03.2011 on Coal Tar Scrap & Coal fine scrap.
Now, w.e.f. 17.03.2012, we are paying excise duty@ 2% + 2% (Edu. Cess) + 1% (S&H Cess) on Coal Tar Scrap (27060010) & Coal Fines Scrap (27060090).
In this matter, Central Excise Department is processing hard to pay excise duty 6% as Tariff rate not under Notification No.1/2011-CE, dated 01/03./2011 as amended.
In view of above, kindly give considered opinion on the following points:-
1. Can we pay excise duty under Tariff rate on Coal Tar Scrap (27060010) & Coal Fines Scrap (27060090).
2. Can we take Cenvat credit on Coal for producing producer gas for the manufacture of our final products.
3. Can we pay excise duty under Notification no. 1/2011-CE, dated 01.03.2011 as amended (presently paying excise duty).
4. Refer Circular No.904/24/2009-CX, dated 28.10.2009 in respect of termed as waste or residue or refuse arising during the course of manufacture.

Dear All Experts,
Can Company appoint auditor in a single meeting for a period of say 2 years? or 3 years? i.e. more than one year under existing law?

because there is new provision in companies bill 2012, about appointment of auditor. i.e. company can appoint auditor for 6 yrs. in a single meeting.

Please guide.
Thanking in advance.

Hello friends, 1. There is partnership firm. 2. Loss is Rs.20,00,000 for F.Y.2012-13. 3. salary paid to Two partner amounting to Rs.185000/-. 4. Now pls tell me whether the Salary is form part of remuneration? 5. And if Yes then how much remuneration allowable to Firm for F.Y.2012-13 6. I have already paid Rs.185000 as salary then what to do for Rs.35000 (185000-150000)... reply....pls

Read more at: https://www.caclubindia.com/experts/modify_message.asp?entry_id=623907

Hi Friends,
I am a CA Final Student. I am facing problems some problems with my principle, and I want to take termination from him.
But friends this would be my 2nd termination. I had already taken termination within 1 year, and now 2 years of articleship are completed. It is very difficult for me to continue here, otherwise my first attempt would be spoiled and I dont want to take such a risk.
Kindly Suggest me whether it is possible to take termination and join elsewhere for remaining 10 months.
Its urgent guys... Pls pls help me.....

Dear experts,

Can you please help me with the tax implications in the below transaction:

The Case:
Mr. A owns tenancy rights in respect of an immovable property since past 20 years (AY 1994-95). He acquires the ownership rights of the same property in AY 2013-14. He further wishes to transfer / sell the property in AY 2014-15.

The Query:
The query is that will the asset be a long term capital assset or the short term capital asset? Will the period of holding of tenancy rights be clubbed so as to determine its nature as to long term or short term. If the asset is classified as a long term capital asset, will the benefit of indexation be available from AY 1994-95 or AY 2014-15.

Please help me with the above.

Thanks and regards,
Sagar

My company is paying interest on debentures quarterly & the due date for payment for the period from 06/01/2013 to 05/04/2013 is 5th April. do i need to pass provision entries for interest accrued but not due as on 31/03/2013 & am i also required to deduct TDS on the same

Dear sir,

Please clarify the following,

if the pvt ltd co. deposits money with port trust vskp, which is to be used for expenses to be incurred by the co.on behalf of co.s customers and the co.subsequently recover the money from customers,now my doubt is,who is responsible for tds co. or customer and at what point