Dear friends,

Kindly go thorough the following query and offer your valuable answer:

1. The status of GTA is properietor ship Firm. The status of both consignor and consignee is Company.

2. The frieght was paid by consinor always.

3. The transporter in all the consignment notes given to the consignor, charges service tax and also collected the same from consignor and paid to the Govt.

Normally as per the Act, in the above said situation, the consignor is liable to pay service tax. However the transporter collected the tax and paid the same to the Govt.

Is again the Consignor is liable to pay Service tax ?

Kindly provide the answer with proper notification/circur/section, if any.

Veeresh

dear all

i will appear for pcc in november 2009
i want to know which is the best book to buy.
my professor has recommended

mp vijay kumar
gk kapoor

almost all my friends bought gk kaporr.

Please clarify whether TDS would be charged on royalty or (royalty + service tax)if it is paid by indian subsidiary company to its foreign holding company?

Please clarify whether TDS would be charged on royalty or (royalty + service tax) paid by indian subsidiary to its foreign holding company

Respected Sir,
please guide me
i have filed my return for the F.Y. 2006-2007 in february 2008 (late return)
in this return i deposit Rs 1,24,410 as capital gain on sale of residential house because i do not purchae another house or deposit into speical account.
now i purchase residential house property on installment whether i can rectified my return or otherwise to get this amount refund

Respected Sir,
please guide me
i have filed my return for the F.Y. 2006-2007 in february 2008 (late return)
in this return i deposit Rs 1,24,410 as capital gain on sale of residential house because i do not purchae another house or deposit into speical account.
now i purchase residential house property on installment whether i can rectified my return or otherwise

Hi,

Let me know excise treatment & other legal implication for the material sent by engineering company to its site outside india....

Please reply with section / rule number...

Dear Sir,

Befor i ask my querry i would like to tell that, there is one company which Name is for example AB Pvt. Ltd. but AB Pvt. Ltd. has changed is name to ABCD Pvt. Ltd.and Assessee code is also changed, but company is same just the Name is changed.

Now My querry is that while deposite the service tax on brokerage for of feb. 2009 month through E-Filling while filling wronly filled the old Assessee code and service tax is deposied in old name with old Assessee code

The Name and Assessee code on taxpayer counter foil iS ABC PVT. LTD AND old Assessee code No.

Service tax retrun is filled in New name
for Two Years

i wanted to know is there any difference whether service tax is deposited in New name & Old name. can i take the benefit in New Name Company.

Thanking you

Sushil Kumar

When we buy goods through internet
at that time C.S.T or VAT or Both will be applicable??

If the goods are imported then what will be the condition(the co. has no branch in India)???

As per Accounting Standard 10, cost of fixed assets comprises purchase price & directly attributable cost. But in relation to construction of a project administrative and other general overhead expenses may be included.
My query is whether all kinds of administrative expenses (like printing & stationery or general expenses or salary to office staff etc)incurred in the corporate office can be capitalised?