We have rendered Services outside India. We have raised a bill of Rs. 10 Lacs to the Outside India party.
Payment of the same is also received.

Should we pay Service Tax to the Dept? How much?

We are representing a USA company in India and promoting their products to India Customers,
Customers place order directly with USA company and import the goods. For our services USA company remits
Sales Commission in Foreign Currency in our Bank account. Some times their Indian Office pays the Sales Commission in INR also. Please note that the Contract /agreement we have signed for this is with directly with
with USA company only. We do not have any Contract with their Indian outfit.

Now Questions are:

a) Is the sales commissions received in US Dollar is liable for service tax.
b) Is the sales commissions received in INR from their
Indian outfit is iable for service tax.
c) Whether these amounts will be taken in for arriving the Threshold Limit of 10 Lakhs.

Dear Expert,
My brother is doing business.(DSA for Barclays Bank and ICICI Bank). His comission income is Rs.181230/- after deducting all expenditure. He is maintaing bills for income and expenditure. Last year he has filed only PROFIT AND LOSS ACCOUNT. My question is whether BALANCE SHEET is required to be filed or PROFIT AND LOSS ACCOUNT IS ALONE WILL DO.
PLS REPLY ME

can any one send me the list of CA Firms situated in kolkata....??????
my email id is imsubhode@rediffmail.com

We are exporter of utensils we have made invoice dated 31..03.09 but we have filed the shipping bill in april so please tell me in which month i will consider sale.

Thankyou so so much in advance

Dear Experts

How to calculate Networth for A Public
Ltd Company

Sir which paper you are talking about? how many papers i have to appear in IPCC if i clear Gr-I of PE-II

we are a cement manufacturars, supplying cement to SEZ Developers @ nil rate of duty. But department has issued a notice stating that as per sub-rules (1) (2) (3) and (4) of Rule (6) of the Cenvat Credit Rules 2004 we need to maintain seperate records and need to reverse cenvat credit proprtinately (Cenvat availed against inputs used for manufactring cement for supplying to SEZ developers). Otherwise need to pay 10% of sales value to the department.

Please clarify the same.

regards
MASTHAN
ZUARI CEMENT LTD

can belated return for A/Y-2008-09 be filed for assessee covered under Tax audit u/s 44AB.

I have joined CA course aftere B.Com in the intermediate and now in PE-II, but i rarely tried to appear exams though my articleship is over and i have plan to appear Group-1 this June,09. So if i clear this group this time which is the next step for me. Since the subjects of PE-II and IPCC are different which papers I will be required to write in Group II. Specially the paper on Income tax appears in Gr-I in IPCC where as in PE-II it appears in Gr-II. Or i have to reappear in Gr-I in IPCC ? if I clear Gr-I in PE-II this june,09