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TNVAT NOTIFICATIONS AND G.O.'S RELATED TO EOU

இந்த கட்டுரை நமக்காக வழங்கியது  திரு .நஜ்முதீன் கோவை அவர்கள்  The author of this article is Mr.K.M.Najmudheen, a Sr.VAT Practitioner and one of the well versed and sound knowledge person in TNVAT Act.  He pleased to furnish here below the EOU Matters and related Government Orders and notifications ONLY for the welfare of VAT Practitioners. 100% EOU: “Exemption in respect of the tax payable by any dealer on the sale of of [raw materials, packing materials and consumable goods] to the registered 100% Export Oriented Units in this State and units located                                                           in Chennai Export Processing Zone” (G.O Ms.No.528 CT&RE dated 21.11.1997 – Notification No. II(1)/CTRE /100/97 Gazette dated   17/12/1997) FURTHER NOTES:     1) The expression “raw materials, packing materials and consumable goods”     is substituted for the expression “raw materials”     (G.O.No.Ms.104 CT&RE dated 1/4/1998-Notification No. II
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INPUT OF SERVICE TAX IS ELGIBLE AS INPUT IN EXCISE AND VICE VERSA

One of our clients is registered under central excise and regularly paying the taxes & submitting the returns.  Now, he is sending the materials to his buyer in north India and paying the lorry freight.  The freight is not an extra charge / billed in anywhere.  It's included in the cost of materials. The assessee is a proprietor concern.  Now, my question is the assessee is not registered with service tax for GTA because all his freight bills with service tax, the service providers are logistic agency likeTVS, PATEL ROADWAYS.  The excise consultant said “this service tax has not taken as a cenvat credit/adjusted with cenvat payments because service tax and excise are separate, so you have to apply for a service tax registration and take the credit and less if any services provided by you. What I said, the assessee has to take credit the ST as input and less with excise payments.  Whether is it correct or not?  Matter referred to the leading Service tax Advocate in Coi

APPOINTMENT FORMAT

TAX AUDIT/01/2013-14                   01.09.2013 Sir,          Ref: PAN No.ACCPN 3534 C          Sub: Appointment as Auditors for the                         assessment year 2013 – 14 – reg. We are very much pleased to appoint your firm as our Auditors to audit the accounts for the Assessment Year 2013-14 and prepare our Income Tax Returns. Kindly take up the audit and complete it as per the requirements u/s. 44 B of I.T. Act, 1961 at the earliest. Thanking you, Yours truly,

FREIHT OUTWARD

One more regarding this, One of our client is registered under central excise and regularly paying & submitting the returns.  Now, he is sending the materials to his buyer in north India and paying the lorry freight.  The freight is not a extra charge / billed in anywhere.  It's included in the cost of materials. The assessee is a proprietor concern.  Now, my question is the assessee is not registered with service tax for GTA.  because all his freight bills with service tax because they are logistic agency likeTVS, PATEL ROADWAYS.  The excise consultant said " this service tax has not taken as a cenvat credit/adjusted with cenvat payments because service tax and excise are separate, so you have to apply for a service tax registration and take the credit and less if any services provided by you. What I said, the assessee has to take credit the STas input and less with excise payments.  Whether is it correct or not?
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