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Non-generation of e-Invoice or e-way bill can lead to penalties and legal consequences.
Non-generation of e-Invoice can lead to penalties under GST laws.
Non-generation of e-way bill can result in detention and seizure of goods.
In case of non-generation of e-way bill, the transporter can be penalized.
It is important to ensure timely generation of e-Invoice and e-way bill to avoid legal consequences.
ITC rules allow businesses to claim credit for taxes paid on inputs used in the production of goods or services. Block credit refers to the ITC that cannot be claimed due to certain restrictions. If a customer doesn't reverse ITC on credit note, legal action can be taken.
ITC rules allow businesses to claim credit for taxes paid on inputs used in the production of goods or services
Block credit refers to the ITC that can...
Contingent liability is a potential liability that may or may not occur in the future.
It is a liability that depends on the occurrence of a future event.
It is recorded in the financial statements as a footnote.
Examples include pending lawsuits, warranties, and guarantees.
Recent amendment: The Companies (Amendment) Act, 2017 introduced a new definition of 'significant influence' which impacts the disclosure of contingen...
Yes, I update tax rates in system and have good proficiency in Excel and SAP.
I regularly update tax rates in the system to ensure compliance with the latest regulations.
I am proficient in Excel and use it for data analysis, reporting, and automation.
I have experience working with SAP and can navigate through its modules with ease.
I have also developed macros in Excel to automate repetitive tasks and improve efficiency.
...
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I applied via Recruitment Consulltant and was interviewed before Dec 2022. There were 2 interview rounds.
I appeared for an interview in Jul 2022.
posted on 5 Jul 2023
List is mutable, tuple is immutable in Python.
List can be modified, tuple cannot be modified
List uses square brackets [], tuple uses parentheses ()
List is used for collections of items that may change, tuple is used for fixed collections
I applied via Company Website and was interviewed in Mar 2022. There were 2 interview rounds.
The question covers slope percentage calculation of kiln, tan value in oil analysis, and material and manpower handling.
For slope percentage calculation of kiln, we need to measure the height and length of the kiln and use the formula tan(theta) = height/length.
Tan value in oil analysis is used to determine the acidity of the oil. It is calculated by dividing the acid number by the saponification number.
Material and ma...
I applied via Approached by Company and was interviewed in Aug 2024. There were 2 interview rounds.
I have 10 years of experience in software engineering, specializing in backend development and system architecture.
10 years of experience in software engineering
Specialize in backend development and system architecture
Worked on projects involving scalability and performance optimization
No, I do not have a supervisor license.
I do not possess a supervisor license at the moment.
I have not pursued obtaining a supervisor license in my career.
My focus has been on technical expertise rather than supervisory roles.
Testing of motors involves various methods to ensure functionality and performance.
Performing insulation resistance tests to check for any electrical faults
Conducting load tests to measure the motor's performance under different conditions
Checking for abnormal noise or vibrations during operation
Inspecting the motor for any physical damage or wear
Using thermography to detect overheating issues
Transformer safety relays are devices used to protect transformers from faults and overloads.
Transformer safety relays monitor the electrical parameters of a transformer, such as current, voltage, and temperature.
They can trip the transformer offline in case of a fault to prevent damage.
Some common types of transformer safety relays include overcurrent relays, differential relays, and temperature relays.
It was straightforward
The candidate should discuss their previous experience, how they handle their role and expectations, their work schedule, and provide an explanation about their previous team.
Discuss previous experience in software engineering roles
Explain how you handled your role and met expectations in previous positions
Describe your typical work schedule and any flexibility you have
Provide an overview of your previous team, their s
posted on 23 Oct 2023
I applied via Recruitment Consulltant and was interviewed before Oct 2022. There were 3 interview rounds.
Some of the top questions asked at the Basf Chemicals India Assistant Manager Indirect Taxation interview -
based on 1 interview
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