Question
Which of the below import duties would be imposed?
Solution
CGST (Central Goods and Services Tax) and SGST (State Goods and Services Tax) are applicable to domestic supplies within a state in India. IGST (Integrated Goods and Services Tax) is imposed on import of goods and services into India and on inter-State supplies of goods and services. It is a combination of both CGST and SGST. IGST is collected by the Central Government for both inter-State supplies and imports.
Average Inventory = ₹12,000. Closing Inventory is ₹3,000 more than Opening Inventory. The value of Closing Inventory is _____.
Which risk disclosures are mandatorily required for financial instruments?
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IRR is the rate at which:
With respect to time value of money, which of the following statement is incorrect?
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In a manufacturing entity, the cost of abnormal waste is:
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The company should file form _______ with the board resolution and with prescribed fee to the Central Government for appointment of the cost auditor.
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