Question
Under the RBI’s guidelines for import of gold by
Tariff Rate Quota (TRQ) holders, how many days of advance payment are allowed for Qualified Jewellers?Solution
The guidelines on the "Import of Gold by TRQ holders" allow advance payment for 11 days for Qualified Jewellers under the India-UAE CEPA.
GST is a consumption of goods and service tax based on
Which of the following bank-financed facilities is NOT classified as NPA even when other credit facilities of the same borrower are classified as NPA?
Which of the following statement is incorrect with respect to Valuation of Inventories?
What is the minimum Capital adequacy Ratio (CAR) requirement for a scheduled commercial bank as given by RBI?
In relation to appointment of auditors under the Companies Act, 2013, which of the following statements are correct?
(i) Section 129 of the Compa...
In relation to Accounting Standards, Which of the following statement is incorrect?
If a purchase return of ₹1,000 has been wrongly posted to the debit of the sales returns account, but has been correctly entered in the suppliers’ a...
If Selling Price is 9 per unit, variable cost is 5 per unit and fixed O/H absorption rate is 1.5 per unit, what is the break even point in Qty if the bu...
₹200 paid as wages for erecting a machine should be debited to:
Securities Premium Reserve can be used for:
