The company i approached asked me that they are registered
Manufacturer to market fire extinguishers. They have both
VAT & CST registration.
When they supply material out of state i.e. under "C" form,
to a Dealer who is also registered with CST and who can
issue "C" form but for product paint.
Will the "C" form issued by the Dealer be acceptable to us.
What law governs, since the dealer is not registered to
trade in Fire Extinguishers?
In the first instance will he be able to issue "C" form at
all i.e. Will the government allow him to issue "C" Form, if
so under what norms?
In the case that my company is the Dealer and registered for
trading in Paint and we are taking Fire Extinguisher
Dealership will I get set-off in "C" form for purchase and Sale.
Kindly let me know on firstname.lastname@example.org
what you know about accounting
Define Bill of Exchange
why dr is on left hand side while cr is on right hand side?
ABC Ltd. firm has a sales of Rs.6 crores, Variable cost Rs.
3.5 crores and Fixed cost of Rs. 0.65 crores.
The firm has debt and equity resources worth of Rs.7 crores
and 10 crores respectively. With the
data given show :
(i) The firmís ROI.
(ii) EBIT if sales decline to Rs.4 crores.
(iii) If the industryís assets turnover is 4 times, does the
firm has high or low asset turnover? The
cost of debt is 12%. Ignore taxation.