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All statements are correct. Manufacturers can import capital goods for pre-production, production and post-production goods without attracting any customs duty. Capital goods are physical assets that a company uses in the production process to manufacture products and services. It is a trade promotion scheme implemented by the Indian government that allows duty-free import of capital goods for the purpose of export production in India.
With respect to standard costing, which of the following statement is incorrect?
S, an entity had 500 units of product X at 30 June 2015. The product had been purchased at a cost of $18 per unit and normally sells for $24 per unit. R...
Cost of goods sold will be:
According to The Companies Act, 2013 ‘Government Company’ means any company in which not less than ________ of the paid-up share capital is held by ...
With respect to AS: 16 (Borrowing Costs), which of the following statement is incorrect?
Which license option has to be selected in case of shifting tally license from one computer to another?
The value of supply should include:
What is the rate of Tax Deduction at Source for a foreign company getting dividend from units of mutual fund for the assessment year 2021-22?
In the absence of Partnership Deed, partners are entitled to:
Ashutosh is a horse dealer. Tausif approaches Ashutosh for a horse. Ashutosh lends a horse which he knows to be vicious, to Tausif. Ashutosh doesn't dis...