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what is meant by statutory payments?
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Answer / kavita
If company ask than it means income tax, sales tax, service
tax and wealth tax
| Is This Answer Correct ? | 38 Yes | 10 No |
Answer / osman
Statutory payments are Service Tax, PF, ESI, SALES TAX,EXCISE DUTY.
| Is This Answer Correct ? | 21 Yes | 5 No |
WHAT IS THE AUDIT?
Company A has purchased goods worth Rs. 25000 from company B and made the cash payment of Rs 5000 and remaining will be payable with in 30 days. Assume that there is a late payment charge @ 2% on remaining amount as the invoice was received after due date from company B. Pass the journal entry in the books of company A for all the above transactions.
Explain . 1. Retail Invoice. 2. Tax Invoice. 3. Commercial Invoice. 4. E1 Invoice.
5 Answers DELL, Deloitte, Uninor,
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Audit 
