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Dear all,
Could you please let me about service tax, excise duty and custome duty & what will be the rates if it is software development company which is export oriented?
a. what is the percentages that we have to charge
b. How much amount is to be deducted?
c. To which department you have to pay?
d. What is the time limit to pay the amount to concerned department?
Deepika M

What will be the journal entry for the amount tranferred to general reserve andprovision for taxation? what is the percentage of general reserve to be transferred means any preferred rate

We arre into staffing. we have sent some of our employees to clients place and get billing on them? Now how can the revenue be treated? whether we have to consider it as sales or otherwise
Deepika M

Could you please let me know the MAT calculation i.e., minimum alternate tax? Regards Deepika
Bill of entry CD 25% Rs. 71304 RD 1.00% Rs. 67739 ST 19.00% Rs. 21213 It 5 % Rs. 2852 How much Value, and this taxes calculate formula pls give me feedback thanks
I thought it is very easy General Resrve is Allocated from Profi only
Profits calls Reserves & Surplus
Reserves & Surplus A/c Dr
To General Reserve Account
General Reserve is come balance sheet and under Liability side

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