ravi


{ City } hyderabad
< Country > india
* Profession * faculty
User No # 98162
Total Questions Posted # 4
Total Answers Posted # 122

Total Answers Posted for My Questions # 3
Total Views for My Questions # 15896

Users Marked my Answers as Correct # 1719
Users Marked my Answers as Wrong # 1186
Answers / { ravi }

Question { IBM, 100945 }

what is cenvat credit expain it


Answer

cenvat credit generally related to exercise where as the
calculation of cenvat credit is like vat the tax which is
paid at the time of purchase for excise goods and the tax
which need to pay at the time of sales- the tax which is
paid at the time of purchase is known as cenvat credit
while paying the tax three things will be taken in to
consideration.
"As cenvat credit which is availed from excise"
"As the cenvat credit can availed from service tax"
"He can avail either from these if he is not availed earlier"

so most of them choose which ever amount is lower that
amount they will avail as cenvat credit

Is This Answer Correct ?    21 Yes 5 No

Question { IBM, 100945 }

what is cenvat credit expain it


Answer

cenvat credit generally related to exercise where as the
calculation of cenvat credit is like vat the tax which is
paid at the time of purchase for excise goods and the tax
which need to pay at the time of sales- the tax which is
paid at the time of purchase is known as cenvat credit
while paying the tax three things will be taken in to
consideration.
"As cenvat credit which is availed from excise"
"As the cenvat credit can availed from service tax"
"He can avail either from these if he is not availed
earlier depriciation

so most of them choose which ever amount is lower that
amount they will avail as cenvat credit

cenvat credit - 50% in this year
50% in subsequent years

Is This Answer Correct ?    6 Yes 4 No


Question { IBM, 100945 }

what is cenvat credit expain it


Answer

cen vat credit is related to excise the formulae is same like vat output-input cenvat credit can be availed as follows
50% in this year
50% in subsequent years

Is This Answer Correct ?    3 Yes 5 No

Question { HCL, 7865 }

what is vat?


Answer

vat is a form of sales tax which is collected in different
stages of transactions like buying and selling of goods and
services the input tax is rebated against the out put tax
is called as vat and is an indirect tax which is paid to the
state govt

Is This Answer Correct ?    3 Yes 0 No

Question { 5365 }

What is margin of safety?


Answer

the difference between actual sales & break even sales will
be treated as margin of safety the formulae is actual
sales - break even sales

Is This Answer Correct ?    5 Yes 0 No

Question { ICICI, 8698 }

what is debt equity ratio


Answer

It is a measure of acompanys leverage calculated by
dividing its liabilities by share holders equity. the
formulae for caluculating debt equity ratio is

debt/equity debt means debentures equity means equity share
holders. the ideal ratio of debt equity ratio is 0.5 : 1
this indicates for every 50 paise of liability there must
be 1 rupee of asset

Is This Answer Correct ?    3 Yes 1 No

Question { 10577 }

Give simple definition on Dual Entity Concept


Answer

dual entity concept means for every debit there is a
corresponding credit

Is This Answer Correct ?    8 Yes 2 No

Question { SK Industries, 171664 }

what is goods in transit and how to pass an entry



Answer

goods in transist means the goods were in transportation
yet not reached the production place(or) destination place
can be regarded as goods in transist the entry for this is

goods in transist a/c dr
to cash

Is This Answer Correct ?    64 Yes 75 No

Question { Deloitte, 16703 }

What are the types of leverage?


Answer

the types of leverages are -
1. operating leverage
2. degree of operating leverage
3. financial leverage
4 degree of financial leverage
5 combined leverage

Is This Answer Correct ?    21 Yes 34 No

Question { 5889 }

A Company income 150000, and an indivisoul which income
150000 who pay more tax ?


Answer

i do agree that up to 150000 excmption for an individual
so in this case company will pay more tax

Is This Answer Correct ?    10 Yes 0 No

Question { 9462 }

expand ERP


Answer

enterprise resource & planning

Is This Answer Correct ?    8 Yes 7 No

Question { FactSet Systems, 4955 }

current ratio? asked on 30/7/09


Answer

This ratio explains the relation ship between current
assets & current liabilities wher as current assets =cash,
debtors , bills receivable, where as current liabilities=
creditors, bills payable, the formulaae for caluculating
current ratio = current assets/ current liabilities
the ideal of current ratio is 2:1 this indicate for every 2
rs of asset there must be 1 rupee of liability

Is This Answer Correct ?    3 Yes 0 No

Question { Wipro, 4623 }

what is security transaction tax


Answer

security transaction tax will be generally related to share
market where certain charges will be charged for the transaction

Is This Answer Correct ?    1 Yes 0 No

Question { Bhushan Power Steel, 164696 }

what is the difference between CST, VAT, SALES TAX, EXCISE
DUTY, CUSTOMS DUTY


Answer

VAT - vat is a form of sales tax which is collected in different stages of transactions like buying and selling of
goods & services the input tax is rebated against the out put taxis called vat


CENTRAL SALES TAX - central sales tax is of two types intra &inter intra sales means the purchase & sale with in the state,inter state means the purchase &sale between two different states

EXCISE DUTY - Movable & marketable, when the goods are passing the gate of a company excise duty must be paid such goods only permitted to pass out of the gate


SALES TAX - Sales tax was there before and know vat concept
has been come in to force for the welfare of prompt tax payers

CUSTOMS DUTY - Generally customs is levied on all imports &exports

Is This Answer Correct ?    22 Yes 5 No

Question { Religare, 8051 }

what is the fullform of CRR, GDP& WHAT ARE CURRENT5 CRR &
GDP


Answer

c.r.r stands for cash reserve ratio
g.d.p stands for global depository participant

Is This Answer Correct ?    14 Yes 11 No

Prev    1   2   3   4   5    [6]   7   8   9    Next