is education cess payable on service tax charged in respect of service provided before education cess came into force.

I have the below query:

Suppose ABC Ltd. has a special scheme to sell things. They have the following offer to their customers:

If any customer buys 100 Nos. of Item A before 31st December 2008, they will automatically get 10 nos. of Item B as free.

The normal selling price of item A is 100 and that of B is 200.

Please note that the items A and B are NOT covered under any specific duty / tariff value / retail sale price based valuation.

Transaction Value based valuation is applicable in the given scenario. All rules applicable for using transaction value like Unrelated buyer and seller, price is the sole consideration etc. are satisified.

In this scenario, Using this special offer, Is it ok to ship Item B with ZERO as assessable Value and by paying ZERO excise duty

OR

the item B has to suffer excise duty based on the value of Rs.200 or some other value as per valuation Rules?

Would the answer be any different if Item B is purchased outside or manufactured by ABC Ltd.?

If anyone could clarify, it would be great.

Thanks / Vijay

we have repaid the hp loan and we have filled the itr2.but we forgot to submit the proff of repayment like int certificate or agreement so what we can do to give it to income tax department?does it was compulsory to giv b\s & p&l wit itr?

I have reseived medical reimbursement Rs.2150000/- and that amount has been added in my Income and issued me Form No. 16 after deducted Tax of Rs. 82000/- from my college. So now what can I di for refund the amount. In which section whole amount is exempted? Kindly send me proper reply urgently. thanks
Shrikant

Form 16AA can issued by whom?

Hi Dear All,

Ours is an Electronics(Micro Processor Based Trainers,etc) Manufacturing company which got registered with Karnataka Sales Tax Department as well as Central Excise Department.

We supply to the customer an Instruction Manual/User' Guide(we call it as User' Manual) along with our products to enable them work with our Product.

Our question is whether we can claim VAT Input credit(like raw materials) on the User' Manuals which we got it printed from one of our regular printers who charges us KVAT @4%. If so can you please give the corresponding notification number also.

Thanking you in advance.

Regards,

Venkat

I have a book of sanjay bangar for indirect taxes applicable for MAY 2008 attemp,now i waana know weather the same book would be applicable for nov 2008.

i heared that there is some changes in custom and excise valuation rules during the last two or three months. will this new changes shall be applicabe for NOV 08 examination(final). i have a book of IDT for may 2008. will i have to buy a new book for the changes made during the last three months.

Sir,

As per the notification it says CST has been reduced from 3% to 2 % against C from, So please clarify me what will be CST rate without C Form.

How to give revaluation for both the group of pe2...
plz reply