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Categories >> Accounting >> Audit


 Audit interview questions  Audit Interview Questions (428)
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 Accounting General interview questions  Accounting General Interview Questions (2833)
 Accounting AllOther interview questions  Accounting AllOther Interview Questions (4369)
is excise duty is applicable to job work/ labour charges?
how and why? what is the rate applicable for the same? and
also for what type of job work it is applicable and not
 Question Submitted By :: Audit
I also faced this Question!!     Answer Posted By  
# 1
Service Tax... 
Is This Answer Correct ?    21 Yes 5 No
# 2
Excise duty is apllicable on labour charges Where the party
is not registered for service Tax. and also if the party
supplied material for labour charges then along with duty we
have to charge excise duty on material value also. If you
have any doubt
Is This Answer Correct ?    4 Yes 4 No

Other Audit Interview Questions
  Question Asked @ Answers
surrender of shares IVRCL 1
Fill the missing amounts on the basis of the accounting equations; Assets liabilities Capital 1 20000 15000 ? 2 ? 15000 10000 3 10000 ? 8000   2
Expand---------PRSM   1
Is it necessary that monthly provision should be exact   1
whether in the case of BIFR scheme the non payment of dividend FOR MORE than 7 years shall go in the Dividend Equalisation fund/ Investors Protection fund   1
corporate frauds   2
I have had a Accounting experience more than 20 year in General Accounting, Traveling & Tourism, and Air lines. Can I change my Job from Accountant to Auditor- Please give me right advise. Accenture 2
Assume we have taken a vehicle on leasing Cost Of vehicle Rs.2445000 (vat 261964.00)on 22/12/09 ,the vecle lease for 4 years and made intial paymenent as Rs.25000 &the monthly leasing amount Rs.59806.00,pls let me know the double entries for this finacial year (with figers) Fidelity 1
1.How do you effectively solve Accounts problems 2. What was the most demanding / stressful situation that you have handled in your current capacity (Accountant):   2
Expand---------MRPS   2
Tell us about your experience in conducting audits. IBM 1
Expand---------BRP   2
For more Audit Interview Questions Click Here 

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