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
Answer Posted / 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 |
Post New Answer View All Answers
Hai i am mathi Preparing for bsrb clerical examinations.If anybody had that please mail me at mathiy@rediffmail.com
With scan-based trading, are retail companies creating inventory at the point of sale or recording income/expense?
Paid office electricity charges Rs 15000/- and Ram partners residence electricity charges 1250 thr andhra bank cheque
Can someone tell me about SAP FI/CO test questions?WHat are the main things we must know?
What is the mening of uidnvhe.?
if sale aganst c form interstate sale.when i file the return party not give me c form then give by our company wich type panelty give me detail?
Is commodities transaction tax a permissible business expenditure? Explain
In what cases can Convertible bonds be considerred as derivatives?
what is the use of accounting standards
what is cost audit?
What is the basic difference between pledge, hypothication and mortgage????
How to Calculate Mortgage?
How to increase our credit rating score quickly?
EXPAND___________NAA
intorduse your self ? what to say if iam fresher.