1. Categories >> Accounting >> Taxation
  2. Suggest New Category

When we make payment of custom duty through DEPB Licence
against Import.we are a trading Unit. Can we pass on the
100% modvat to manufacturer as per mentioned in Bill of
entry.

Question Posted / surinder kumar


When we make payment of custom duty through DEPB Licence against Import.we are a trading Unit. Can..

Answer / subodh gambhir

We make payment of custom duty through DEPB Locense aginst
import at the time of assessment of documents in customs for
clearance of anything. yes, we can pass the 100% modvat to
manufacturer as per BOE.

Is This Answer Correct ?    11 Yes 1 No

Post New Answer

More Taxation Interview Questions

Hi, can you please confirm, what should be the rate of TDS when, I will pay revenue share to a domestic company ?? Tx Buddha

0 Answers  

When we (Company) deduct surcharge of Contractor (above 10 Lakhs Individual, 1 Crore in case of Company) Pl confirm the meaning of 10 lakhs and 1 Crore. Either it means payment made to the contractor in a year by a company or one & more company (Aggreg. Income). Pl explan in detail.

6 Answers   Maruti Suzuki,

Deferred taxation is a part of which equity?

0 Answers  

on how much turnover did the excise duty will be implemented?

1 Answers  

x invesment in mutual fund 45000, and recd dividend of mutual fund 5000 with in year, also investment only for one year. i f final the balance sheet then how closed it?

1 Answers  




what was the rate of duty i have to pay if i want to import 1) lubricants(engine oil, etc) 2) grease 3) v-belts(rubber belts used in machines, cars, etc)

0 Answers   TATA,

hi,i want to kow the difference between withholding tax and service tax.what is the procedure of calclation of the two.please help.its urgent.

2 Answers   Wipro,

if company have receivables Rs 50000 & payables Rs. 65000 then what will be current ratio ?

1 Answers  

What will be the rate of TDS on contractor if the amount paid in a year crosses Rs.75000/-

6 Answers  

Making delivery challan is possiable between two branch of difference code

0 Answers  

1. what are the ledgers to be open for service tax accounting & under which group in tally? 2. what is the journal entry to be pass when adjusting input & output service tax at the end of the month? Regards Sakthivel sakthi_135@hotmail.com

2 Answers  

What is the journal entry for tds certificate received by the company debtor

6 Answers   Enrich,

For more Taxation Interview Questions Click Here
Categories