Coniscation and Penalty Rule 15 of Cenvat Credit Rules 2004

Query :

Credit On Inputs / Capital Goods

Whether Penalty under this rule of rs 2000 is the maximum penalty or minimum penalty ?

if excise duty on excisable goods in respect of which contravention has been commited is Rs 500 , what will be the Penalty under Rule 15 of CCR 2004 above ?

Say we have to deposit the VAT of rs 200 for the month.What we do is we calculate the 90% and 10% part inclusive of this payable amt, i.e rs 200*10/110 =18 and balance is 90% i.e 182. is it the right calculation or we have to calculate simply the 90% and 10% of the VAT payable i.e 200*90%=180 and 200*10%=20.So all i want to ask is whether 180 and 20 is the right calculation or 182 or 18 is the right one ?

thanks in advance.

Hi,

if i receive the flat from grandson of my mother's sister or anyone. will it be taable as per IT act because gift in kind is nto taxable as per me.
will ITO can play anyting on it ?
and what will be implication in stamp duty for tamilnadu
regards

I would like to know whether CA-CS s a good combination or CA-LLB..?
And from market point of view which has better value.. CS or LLB?

in order to get 65 % plus marks in Income Tax, which book is best for Pcc Nov. 2009 out of these writers/ books:
1.T.N.Manoharan
2.V.K.Singhania
3.Ahuja & Gupta
4.Any other


and also tell me that which A.Y./ P.Y. is the syllabus of Pcc Nov. 2009.
& how should i study to achieve 65% +
target.
Thanks in advance to all experts.

Hi to all ,
I am Gradute in Bcom (hon) frm khalsa college now i m working in coca cola as a finance temp in account receivable process but i dont hve experince of direct& indirect taxation, can any person help to me.

On pressing F2 it is not accepting the date which is in future to the current date.Eg. if current date is 2 Feb 09 on pressing F2it is not accepting the date 4 feb 09.

Queries
1.How to write statement of facts?
2.How the grounds of appeals? Whether those are in seperate annexures
3 Whether caselaws should be mentioned in ground of appeals?

a pvt ltd company,whose name was changed due to JOINT VENTURE.but after joint venture company purchases material,then invoice issued by parties in old name.
and telephone & electicity bill and some other exp. also issued in company old name.can any problem to company for claiming these expences.

A Pvt ltd company having dad account in bank. in these account deposited 10000-15000 in each account.company want to write off these account.what legal requirment for company to do it.