We are into Press Tool & Die Manufacturers and
regisered with ESI. for Expansion of Building we are
paying civil contract bills ( incluidng labour as well
as material) . Please let me know while making
payment we have to deduct ESI because civil contrator
is not registered under ESI. My question is contractor
issue bill including material . on what amount we have
to deduct ESI. Please let me know.
- 1 Answers
- 3701 Views
- I also Faced
- E-Mail Answers
Answer Posted / abc
30% of the Total Civlwork bill applicable for payment
of ESI. If Civil bill including labour & material cost
say rs.100/- ESI is applicable on ly on Labour . In such
bills ascertainingly only labour cost is
difficult . so 30% is applicable for ESI ie. Rs.30 @ ESI
6.5%
| Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
Who is an assessee?
professional tax rate
we are the manufacture of leather shoes, we send the shoe sample to some parties , can it we shown in RG1 Register , if shown then , where ? if not then why ?
Is Work Contract Tax expenses for a company?
1. Defination of Contractor & sub contractor 2. In cash method of accounting can we claim TDS deducted on Advance Recevied from contractee.
I paid service tax double time due to web site problem for the year 2009-10, is there any chance to claim that amount if yes please tell me the process. thanking you.
if i paid interest on tds for ex:- tds deducted on rent for the month of april, may, june rs. 20000 each for month and tds paid on 7th july then i have to pay interest @ 1.5% for rs. 1200 , 900 , 600 respectively , so i wanted to know what is the entry for rising of this interest in accounting software other than tally
Define FBT with example & how it can be calculate ?
plzzzzzz help me friend my question is, is the tds of part of income tax and when it deduct from salary and why becose tds is deduct only secoundry primary income like lotory etc..
what is central excise tax
I have some queries about Service Tax, I am working in a Insurance Broking Company. 1) We have raised one bill on 25.04.09 for the services provided by us in the month Mar, 09 Now We received the chq on May, 09 followed in the Month of June,09. When the service tax is actually payable in the month of received of Service tax amount or in the month of services actually provided by us (Mar09) 2) Can we take 100% credit of Service Tax Input paid to those who provided services to us. Suppose Service Tax payable is Rs. 100/- and Service tax charged by the other firms/company Rs. 80/-. The question is That can we deduct Rs. 80/- (already paid). Now Net ST payable would be Rs. 20/- or other percent of service tax input is available 3) What is the rate of interest for Service tax if not paid on time. Pls help me out asap
What are the treatment & implications in case interstate sales transaction if party is not registered (Individual or other then individual)
WHAT IS THE PROVISION OF TDS RECEIVABLE AT THE TIME OF YEAR ENDING GIVE THE EXAMPLE WITH ENTERY ON MY E.MAIL sonidilip87@yahoo.com
is there easy guide for the latest India tax & accounting information for 2010?
Explain long term capital gains and how is it different from short term capital gains?
