10 April 2009
Our Company directors stay in Guest house which is not maint. by our company.the guest house provided food,telephone,lundry & entertaiment.and lodgind & Boarding. the bill is made on our company. our company pay this amount. Can I deduct TDS. if Yes What percentange I deduct , under which section ?
with regards R.Purna Ch. Achary Jr.Finance officer DAESUNG ELECTRIC INDIA PVT. LTD
10 April 2009
Dear All we are a leading manufacturer of pig iron, now we want to go for producing a cast iron articles & this cast iron articles is aslo used in our plant & machinery for the production. now sir plz suggest me for which document prepare for the issue of pig iron for producing C.I.Casting. & also C.I. casting issue for used as a plant & machinery. & its a mandatory to issue EXCISABLE INVOICE for the issue of goods for captive consumption. plz suggest me a good procedure for mentaining records asper excise rules thanks in advance.
21 April 2009
For captive manufacture of parts of machinery it maybe advisable to issue on invoice on self indicating approximate value - no commercial conisderation and Not 67/95 for exemption from payment of CED.
CAclubindia
