Question
Which country plans to introduce a carbon import levy on
certain products starting in 2027 to safeguard businesses from cheaper imports originating from countries with less stringent climate policies?Solution
The United Kingdom will implement a new carbon import levy on some products from 2027 to help to protect businesses against cheaper imports from countries with less strict climate policies. The planned carbon border adjustment mechanism (CBAM) will apply to carbon-intensive products in the iron, steel, aluminium, fertiliser, hydrogen, ceramics, glass and cement sectors.
The concept that requires a business to use the same accounting methods and policies from one period to the next is called:
The liability of a sole proprietor is:
A provision for onerous contract is:
According to GST Laws, from 1 August 2023, the e-invoicing is mandatory for businesses with annual aggregate turnover of over _______ in any previous fi...
The Miller-Orr Model is used to manage:
What is the taxable event under GST?
A company has an actual sales of ₹25 crore vs. a budget of ₹30 crore. Costs were below budget by ₹2 crore. What does this imply?
According to section 11 of the Indian Contract Act agreement with a minor is:
Which Ind AS deals with Revenue from Contracts with Customers?
If an employee does not make an intimation to their employer about their selection regarding the tax regime, the employer will:
Relevant for Exams:
