Sir, I wish to know that service tax is applicable on building works contract in govt affliated educational institutes such as IIT,IIM, IIIT

how to prepare for accounts and maths multiple questions

I am ca final student of ICAI. I had not attempted ca exam past many years. Final
Gr. II only pending. I would like to attempt coming NOv. 2009. Please tell me Which syllabus I must follows to Nov. 2009, whether old syllabus or new syllabus.

Can Service Tax Credit can be availed fully if a service provider is providing a service with 90% abatement?
For instance: A service provider provides a service for Rs.10,000/- and after deducting 90% abatement, he has to pay service tax on Rs.1,000/-, i.e. 10.3% of Rs.1,000/- = Rs.103/- will be the service tax payable. Now he has taken Cenvat credit of Rs.100/- on input services received directly. Can he can utilize the full cedit of Rs.100/- towards payment of service tax of Rs.103/-?, if yes will he has to pay just Rs.3/- (Rs.103/- - Rs.100/-)?

I was recently penalised Rs. 276 by ICICI bank as an ECS of Rs. 2000 bounced due to insufficient funds in my SB A/c, eventhough on the same day there were enough funds credited to my A/c from salary, chq. credits etc. during the business hrs.

ICICI bank is saying there is an RBI guideline that the previous days closing balance will be considered for honouring ECS or Cheque payments and not the balance during the days business hrs. can some one throw some light on the correctness of this statement.

Please clarify the following queries :
a. Cenvat Credit pro-rata
b. SuspenseAccount

Thanks in advance,

We have manufacturing unit Also we provide services against repairs & maintenace and so we collect service tax on it. As per our ST returns we have Rs30,000 credit as on 31.03.2009 (2008-09).

i would like to know can we utilised this amount to pay Cenvat in this year (2009-10)

Plz guide us

regards

we purchase cycle parts from china we send the payment by bank but there was mistake in the name of beneficary to whom we send the payment. the account no and swift code is proper but the beneficary name is incorrect anybody tells me how can i rectify this error so the party can collect his payment

The company has equity share capital of Rs 1 crore (Rs. 10/-). It has also issued preference shares of Rs. 28000/- (Rs. 10/-).

The reserves comprise of:

Share Premium - Rs. 10 crores.
Profit and Loss - Rs. 35 crores. This profit is arrived at after considering items of non recurring nature to the tune of Rs. 20 crores.

Please guide me as to what shall be the value per share. should u require any further information, please get in touch with me.

Thanks
Regards

Dear All

VAT inculdes CST or not give clarification