what is the process of Form H ?
Answer / h.r. sreepada bhagi
Form-H is the certificate of export under CST Act. It needs to be issued by the exporter or the penultimate exporter to the supplier who has supplied the goods with out charging any tax for the purpose of export.
The dealer who is liable to issue the form shall get teh blank form the concerned commercial taxes office where they are registered. They shall fill in the details required and issue it to the supplier with proof of export (Bill of Lading or Airway Bill).
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is replacement of DVD writer come under fixed assets. I think that it cannot increase earning capacity or it cannot any separate identity.please clarify me
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I have received a sum of Rs.500 worth Bill from Vendor, which is relevent to 2004-05. But Outstanding Expenses not book during that Year? What is the Accounting Policies to book this expenses?
Alpha Co. issued to the public for subscription 40000 shares of rs 10 each at discount of 10%payable as rs. 2 each on application, allotment and first call and rs.3 on the final call. Applications were received for 60000 shares and allotment was made pro-rata to 80% of applicants. R to whom 2000 shares were allotted paid only the application money, and S who had applied for 3000 shares,paid the entire call money due along with the allotment. pass journal entries to record the above transaction.
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