Interested to Buy Any Domain ? << Click Here >> for more details...
If a contractor received the service tax amount from client
and he also purchase the machinary which is used in
construction, than can he adjusted of service tax amount to
excise duty amount of machinary?
- 3 Answers
- 6018 Views
- Monnet, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / j
service tax is not applicable on capital goods purchase
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / n. pradhan
Yes service tax amount adjusted to Exercise duty
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / nishant thote
Yes, definately. As per CENVAT credit rules this can be
done. For utilising the credit of excise duty for machinery
i.e. capital asset, for the first year one can utilise 50%
of credit for payment of service tax or excise duty.
| Is This Answer Correct ? | 2 Yes | 3 No |
what is current TDS (tax deduction at source)rate?
interest paid to bank rs. 15000 in connection with overdraft obtained for paying dividend.
what r the deductions from salary ?
How do you plan to achieve these goals?
Anybody tell me What is Credit Availed, Credit Utilized & Credit Balance In service tax.
I'm collecting TDS Certificate from one of our Customer for Ass. Year 2002-03 today and request IT Dept. to allow this as part of rebate to me, will they allow?? What IT Act says on this.
what is vat?
Who will be authorized to collect Luxury Tax ? Is ther any form of returns for luxury tax? Bar & Restaurants are charging Luxury Tax @10%, is there any accountability for collection of luxury tax.
CST 2% against C form,Cst 12.5 % without c form, why government is in loss with C form?
12 Answers Erico Labs, Hero MotoCorp,
if cst sales and purchase is completed and we issue c form and received c form also.but in next month both sales and purchase are return. my question is how to pass reverse entry when c forms issue/receive. how it cst return also.
How many types of vat categoryplease tell me all type of vat categories..............
1. what is the last date for payment of tds for the month of March? 2.Will the due date differs for each assessment years? if so what is due date for payment of tds for March Month for the Assessment year 2008-09?
Audit 
