A supply comprising of two or more supplies shall be treated as the supply of that particular supply that attracts the highest rate of tax.
In the context of GST (Goods and Services Tax), a supply comprising two or more supplies with different rates of tax is called a "mixed supply." According to GST law, a mixed supply is treated as the supply of the particular supply that attracts the highest rate of tax among all the supplies included in the mix. This rule helps in determining the tax rate applicable to such mixed supplies.
Which type of reinsurance involves one particular risk and is expressed in a reinsurance policy, with each transaction negotiated individually and offer...
Use of cash to underrate a capital expenditure in an organisation involves an outflow of cash. This transaction will be reflected in the Cash Flow State...
If MOS = 50000 units and BE units are 35000, then what are the Budgeted Sales units?
Which of the following is a limitation of accounting that can affect the accuracy and usefulness of financial statements?
The net profit of a company is 2,00,000, preference dividend € 25,000, and taxes paid 15,000. The number of equity shares is 1,00,000. The earnings pe...
For the financial year ended 31st March 2023, the figures extracted from the balance sheet of ABC Ltd. are as under:
Opening stock 29,000 Closing...
The cost incurred for an additional product is known as ________
If the PV ratio us 80% and MOS is 20000. Calculate FC if SP per unit is 5 and Contribution is 40000.
Which of the following statement is not true with regards to a bearer plant as per IND AS 16:
