Answer Posted / jagdish adhav

I think we are not paying Excise Duty in advance. Now Excise Duty liability can pay in the next month, before 5th and before 31st march in case of March months clearing. However the excess excise duty paid in PLA. The PLA A/c. should shown in the group of Current Assets. (and same to Cenvat Credit A/c.)
when you want to utilised the advance or excess balance, Debit to Excise Duty Payable A/c and credit to PLA A/c.

I have a plot at Visakhapatnam. I have entered into a contract with a builder which enables him to construct 10 flats on the plot and builder and myself will share 50:50 of the constructed area. i.e. builder will get 5 and i will get 5 flats. Builder is not paying me any other consideration apart from 5 flats. Kindly clarify as to whether any servive tax is applicable and payable by me ?- kgr varma

1984

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What is the commitment to the bankers against L/C ? They need any colletral Security or any deposit ? What is terms & conditions of L/c?

2444

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Dear Friends, Hai, i want to Know that How To Fill ETDS Return. Kindly Tell I'wll we very thankful to you. Deepak Gupa

1898

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While I prepare Form JJ for goods transfer I made a mistake that the value of goods is morethan the actual value(i.e. instead of Rs.92100/- I filed Rs.1354000/-)and the copy of JJ sheet is sealed in the checkpost one copy is taken in the checkpost. please anybody give me the exact solution. thanks

2497

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Can it be prssible, If any person purchase Reliance life insurance policy with nepal residence address profe. If yes then who can deposit nepal curancy in indian branch.

2030

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I want to know how to calculate VAT / WCT Liability under composition scheme and regular scheme at Karnataka

2254

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What is the limitation for loan from pvt ltd company to other sole proprietor company suppose 25 lakhs given. what is the rule at the time of income tax point of view. Please clarify anybody....

2112

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What is RITC under UP VAT. and How it is calculated.

2973

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what is the scope of business taxation in private company?

2295

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what is the full rate of cst/vat of building material ?

2378

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WHAT IS TAXATION?

2327

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what are accounting principles

1989

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Hi,when we pass a clearing entry of paid and unpaid tax how do we show the business area the way the business area can be seen.is there any change that i have to do in the configuration of this GL.my client wants that the business area also reflects when we post the gl.please help.

2049

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if a person is investing rs.100 per month for 11 months of a year,how much ammount of annuity he will be paid at the end of year?

1894

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What do you mean by fair rent?

1187

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