U S Sharma's Expert Profile

Queries Replied : 3069

Industrial Law - Establishment DIC /MSME

Labour Law - ESIC / EPF / LIN (Shrm Seva Portal)

Indirect Tax - Cenvat ( Excise) / Service Tax

www.esuvidhatax.com

glidor @ gmail.com

What kinds of questions I can and can't answer?

My area of expertise

My experience in the area (years):

Organizations I belong to:

Publications or writing which has appeared :

Educational credentials:

Award & Honors:

Jaywin says : Sir please help
sir, i am a dealer, buying material in same state and selling interstate. please help me to bill. eg. i am buying material at 100rps and vat 14.5%. total 114.5rps. margin 5rps. so total 119.5rps. while i am selling to interstate at 2% CST. i should charge 121.89rs. is it correct?. is i have to show vat breakup in bill?

divya says : tax questions
plz help me which kind of questions can be asked in Ernest & young tax analyst interview?

CA Amit Rajput says : Please give your comment
****Welcome to all experts to join in discussion **** I have a case about a an Investment (private limited )company which maintaining books of account on mercantile basis. But company records income on receipt basis from April to Feb and in the month of march a consolidate receivable from April to Feb is recorded and for month of march on receivable basis. my question is that is this practice of following cash basis accounting for 11 month and in March remaining receivable on consolidate basis i.e.(receivable less received) and for only month of march on pure receivable basis is Correct ??? Means following cash basis accounting for 11 months and Accrual basis accounting in month of march is correct or it will be treated as hybrid system. Is there any clarification from ICAI or Department for following accrual basis accounting through out the year? Pls join in discussion

Rushikesh Kuncolienkar says : Reverse charge of service tax
If a service recepient is partnership, then what is the liability of reverse charge of service tax? whether partnership firm has to register under reverse charge of service tax ? Rushikesh Kuncolienkar