Discuss | Print | | | | Works Contract Composition Scheme - Restriction on input credit for certain input services MARCH 01‚ 2011By Santosh HatwarWORKS Contract (Composition Scheme for Payment of Service Tax Rules‚ 2007 provides that a service provider engaged in provision of ‘works contract service’ has an option to pay an amount of 4% of the gross amount charged for the works contract.For this purpose the ‘gross amount charged for the works contract’ means an amount which includes the value
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DISCUSSION QUESTIONS‚ CASE INTRODUCTION AND KEY POINTS Introduction Under Armour’s rapid rise in the sports apparel industry under its founder and CEO Kevin Plank has surprised many. Plank has turned a company that he started in his grandmother’s basement into a powerful opposing force to Nike. The company’s competitive advantage comes through its focus on performance‚ and its products have been well received by athletes. The company currently enjoys a strong position as professional athletes
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policy. This famous speech was about the Monroe Doctrine. The Monroe Doctrine was a United States document policy of opposing European colonialism in the early United States colonies. It stated that Europeans should not interfere with American nations or attempt to acquire more territory in the Western Hemisphere. The document was written and supported by the secretary-of-state John Quincy Adams. He was soon to be the next president of the United States of America after Monroe’s term. The doctrine was
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Melbourne late and she had lost a business opportunity which causes her losing a considerable sum of money. The main issue in this question is whether Theresa able to sue for her damages. Law and Implication For there to be a valid contract between Theresa and AirMalaysia‚ there must be a proposal‚ acceptance and consideration. Proposal is defined in Section 2 (a) Contract Act 1950 as when one person signifies to another his willingness to do or to abstain from doing anything‚ with a view to obtaining
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Formation of contract The green van Hubert’s initial e-mail is merely an invitation to treat‚ demonstrating only a willingness to negotiate rather than an intention to be bound by acceptance. The response from Philip to Hubert’s preliminary enquiry about the green van is‚ however‚ clearly an offer. There is intention to be bound by acceptance‚ demonstrated by the expression “when do you want it?”‚ combined with identification of the essential elements – the price (£30‚000) and the subjects (the
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The Truman Doctrine was established on May‚ 12 1947‚ in Truman’s speech to congress concerning the Greece. The Truman promised to economically and militarily aid all free people facing threats of subjugation. The doctrine itself was not a major turning point in short term foreign policy‚ as he had established similar ideas in containment months earlier; however‚ it
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The Monroe Doctrine has been described as a "hands off" warning to Europe. How did the U.S interpret the doctrine in practice? On December second‚ 1823‚ President Monroe declared to the public his concerns on domestic and foreign affairs in his annual speech. In his words one could find ideas that did not matter only the U.S‚ but it interested Europe and the Americas as a whole. Such concerns would turn out to be a basis of a set principles that the U.S would implement in the future years‚ Monroe’s
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A contract intends to formalize an agreement of two or more parties‚ in relation to a particular subject. Contracts can cover an extremely broad range of matters including the sale of goods or real property‚ the terms of employment or of an independent contractor relationship‚ the settlement of a dispute and ownership of intellectual property developed as part of work for hire. Essential Elements of a Contract * Clear certain and communicated agreement. Meaning that the parties are consensus
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being an isolationist state and dedicated itself completely to preserving the welfare of the rest of the world. Largely due to the Truman Doctrine‚ the United States would no longer stay in the Western Hemisphere and hide behind the Monroe Doctrine‚ but would now make it her business to guide all facets of the world down the "right" path of liberty and democracy. This responsibility which the United States put upon herself would cause controversy and debate in the years to come. Is it the United States
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undertaking the Panama Canal Treaty. This treaty allowed the US to gain allies in Latin America and eventually the US took control of the canal. He also did the Alaska National Interest Lands Conservation Act‚ which made many areas in Alaska national parks. As Chief of State‚ Carter opened the Camp David Accords in the Middle East. This was the best attempt to gain peace with the Middle East. As Commander in Chief Carter announced on TV the Carter Doctrine. The Carter Doctrine was if the USSR military interferes
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