HOW TO CALCULATE ESI,P.F,VAT,I.TAX,EXCISE,C.S.T.REFUND
CLAIM, E.T.C. IF YOU KNOW ANY OF THIS PLASE REPLY
- 1 Answers
- 8644 Views
- Reliance, I also Faced
- E-Mail Answers
Answer / sankar
ESI: DUE DATE EVERY MONTH 21ST
EG: IF U WILL PAY THE SALARY FOR THE MONTH OF NOV U WILL
PAY THE ESI BEFORE 21st DEC
ESI IS APPLICABLE FOR BELOW 15000 Rs SALARY FOR THE MONTH
ESI WILL BE DEDUCTING 1.75% FROM EMPLOYEE'S GROSS SALARY
AND EMPLOYER 4.75% WILL BE PAYING TO THE GOVT. TOTAL 6.50%
WILL PAY THE COMPANY TO GOVT.
WE WILL PAY THE CONTRIBUTION EVERY MONTH BUT WE WILL SUBMIT
THE RETURN HALY-YEARLY ONCE
APR TO SEPT --- DUE DATE NOV 11th
OCT TO MARCH -- DUE DATE MAY 12th
PF: DUE DATE EVERY MONTH 15th
WE WILL DEDUCT PF ON EMPLOYEE'S BASIC SALARY 12%
EMPLOYERS CONTRIBUTION IS 13.61%
TOTAL CONTRIBUTION IS 25.65%
BUT THIS WILL BE CALCULATION DEATILS GIVE AS UNDER
EMPLOYEE'S COTRIBUTION 12%
EMPLOYER'S COTRIBUTION 3.67%
PENSION FUND CONTRIBUTION 8.33%
ADMINISTRATION CHARGES 1.1%
EDLI 0.50%
INSPECTION 0.01%
SALES TAXS:
VAT: DUE DATE EVERY MONTH 15th
PURCHASE:- INPUT TAX
SALES:- OUTPUT TAX
SALES TAXS= OUTPUT TAX-INPUT TAX
INCASE INPUT TAX EXCEED OUTPUT TAX THIS WILL BE ADJUSTED IN
CST OR WE WILL GET BENIFIT NEXT MONTH
CST: WHEN WE PURCHASE OR SALE IN OTHER STATE THIS WILL BE
EFFECT BUT PURCHASE CST WE CAN NOT RECOVER
EXCISE: DUE DATE EVERY MONTH 5th
RETURN SUBMISSION IS WITHIN 10th
EXCISE TAX CALCULATE 10% ON BILL VALUE
THIS PERCENTAGE IS DEPOND UPON THE PRODUCT
AND WE WILL CALCULATE 3% CESS ALSO
PURCHASE EXCISE & SALES EXCISE DIFF AMOUNT WE WILL PAY
INCASE PURCHASE EXCISE MORE THAN SALE EXCISE THIS AMOUNT WE
WILL RECOVER NEXT MONTH
I DON'T REMAINING WHO KNOWS PLZ GIVE ANS ABOVE DETAILS IS
AS PER MY KNOWLEGE. ANY MISTAKE PLZ GIVE ME CORRECT ANS
THNKS
| Is This Answer Correct ? | 18 Yes | 3 No |
What is PE ratio formula ?
what are your plans after completing your MBA (or) studies ?
In order to comply with the matching principle, adjustment entries are made at the preparation of ----------
i m a bcom holder. ijust want to know abt procedure of ICWAI whether how muck years of Articleship job, when should i have to do that whether after/before Intermediate course?
4 Answers ICWAI, Jindal Steel and Power,
which banks are CBS branches?
what is vat and sales tex?
what is the entry passed for sales return (sales is on credit basis)?
What information needs to be disclosed in accounts?
Are service charges made on tenants' property rental to be regarded as incoming resources?
what is tha p/e ratio?
10 Answers Capital IQ, Edelweiss,
credit card entry in tally
what is the accounting treatment for contingent laibility?
Audit 
