Dealer A sells to Dealer B goods under excise and passes on the relevant excise duty to Dealer B. Subsequently Dealer A closes down his business.

I have been informed that in this case, Dealer B is required to sell off the stock in 3 months from the date of closure of Dealer A if he wants to pass on the excise on materials purchased to the manufacturer further. This is because after 3 months while filing the E-return for excise, the excise number of Dealer A will not be recognised in the system.

Please let me know whether the above is true.

This is for a construction co

Can we take payments from Clients on behalf of our supplier and pay the amount to Supplier?
the client is not willing to pay directly to the supplier.
the retail invoice is raised in the name of Constr. Co and the commercial invoice is raised in the name of Client.

We basically want to show that client has purchased the material directly from the supplier and cons co isnt involved in it.

what are the tax implications if the cons. co accepts the payments from clients and pays to the supplier?

Sir,
please help me experts

on simple Question

in PVT LTD company As per the AOA Board Appointed a Managing Director and we filed Form 32 for the same

is it mandatory to file Form 23 also even though there is no agreement with MD appointed in Board resolution

Dear Sir,

I am going to some export, and i will get a money in INR. If BRc will availabe in INR ? Banker will Do ? Invoice will prpepare in INR

Dear Experts,i had sent Cs Executive registration form by post on 12th february 2013 for new syllabus bt till nw i have nt received d registration no. nor study material.So plzz suggest wat to do??

Today,i want to fill my return for FY 2010-11 & FY 2011-12

is it possible...?

SIR
PLZ tell me about applicability of Audit to pvt. ltd. , its based on limit or any other conditions???? , suggest me when to do audit report?

i have efiled return for ay2011-12 on last date i.e on31/03/13 without payment of tax .but my ITR-v showing a payble amount of Rs3500/- including tax ,cess and intrest. i want to make payment this amount . i want to know under which head i shoud pay ( tax on self assessment or tax on regular assessment )by filing challan-280 mentioning for ay2011-12 .or shoud i wait till notice will come from IT dept.please answer .

Our client's company has four non-executive directors since the time of formation of the company . The work of the company and its directors has increased immensely and thus the board of directors have decided to pay monthly remuneration to all of the four directors . Articles of Associations of the company is silent about the remuneration part .
TDS on this remuneration is being deducted on monthly basis .
Query 1 : Whether it is necessary to alter the Articles of Association to include the remuneration clause whereas the board of directors have already passed the ordinary resolution in the board meeting before giving the remuneration ?
Query 2 : Whether it is compulsary to ammend Form No.32 by making them non-executive to executive directors and what is the procedure to ammend the Form no.32 ?
Query 3 : Whether there is any problem if after making the payment/provision of salary , the profit of the company will be in negative ?

Dear Sir,
I had registered by firm with excise department on 15th march,2013. The physical verification of premises has been don by the department but they didn't check the stock.
Now I am going to file my first excise return and want to know that weather I can claim CENVAT in this return without consulting with department or I have to take permission of department to take credit??