Excisable material sold without charging excise duty,
Now after 3 months, I am issuing Suplimantary bill to party
for Excise payment, now please tell me the interest need to
pay for this and also is there need to pay interest if i
have sufficiant amount of cenvate credit balance in these 3
months.
Answer Posted / ch.vankat
you have to pay intrest for three month @ 18%
| Is This Answer Correct ? | 3 Yes | 2 No |
Post New Answer View All Answers
Provision for Service tax, Income tax and Sales tax
why is service tax set off is consider while calculating wct tds
please let me know how to show the sales to unregisterd dealers in tn ctd new portal and in which annexure to select for filing sales to unregisterd dealers, cash / consumer sales
WHETHER VAT IS APPLICABLE IN FIRMER TRACTORS ? WHETHER VAT IS APPLICABLE IN NORMAL TRACTORS ? PLEASE NOTE THAT I HAVE PURCHASED IT BY PAYING VAT.
Beginning Balance, Dec. 31, 20xx Creditable Income Tax 211,829.00 Income Tax Payable (132,808.00) > Balance 79,021.00 ITR (1st Quarter) - Jan. 31, 2016 - Mar. 31, 20xx Normal Tax (30% of Taxable Income) 2,205.02 MCIT (2% of Gross Income) 7,865.71 Aggregate Income Tax Due (Normal Tax vs. MCIT whichever is hihger) 7,865.71 Less: Tax Credits/Payments Prior Years Excess Credits 79,021.00 Creditable Tax Withheld - 79,021.00 Tax Payable, per return (71,155.29) What should be the entry in my book to record the above transactions? Thank you!
what is Bank Stock Statement and which companies required bank stock statement, how can we make the bank stock statement
We have got 5 firms. Same partner only running all the firms. Salary is going from one firm. But if we go for PT registration it is asking number of employees. I don't know how to fill the form in online. Any one can help me?
Physician samples should be charged under CST @ 5% manufactured in H.P. and transferred to other states
We have wrongly used road permit of other party in consignment to kolkatta.The road permit used is the party from Kolkatta.How to resolve the issue ??
If we taken TIN No.for sale in intra & interstate , CST No.also required to take? ?
how to calculate entry tax interest rate 2011-2012 assessment pending amt. is Rs.32000
I am working in footwear company at Himachal Pradesh. we want to send raw material - (leather) for Job work our other branch. now my question is that will have we any permission taken from excise & sale tax deppt.
What is difference between Contract and legel and legel and profession service???? I had face this question in interview
Sir please confirm job work sale for clothes shat d1 yes & no
what is the detail procedure to filling ITR-I,ITR-II AND ITR- 1V V1 IE e-filling procedure