FIL Industries Interview Questions, Process, and Tips

A boiler is a closed vessel in which water or other fluid is heated.

• Boilers are used to generate steam or hot water for heating or power generation.

• They come in various sizes and designs, including fire-tube, water-tube, and electric boilers.

• Boilers require regular maintenance to ensure safe and efficient operation.

• Examples of industries that use boilers include power plants, hospitals, and manufacturing facilities.

A multi-tube boiler is a type of boiler that has multiple tubes for the passage of hot gases and water.

• A multi-tube boiler consists of several tubes through which hot gases and water pass.

• These tubes are arranged in a way that maximizes heat transfer and efficiency.

• Examples of multi-tube boilers include Babcock and Wilcox boiler and Cochran boiler.

GST is a tax levied on goods and services in India. CGST and SGST are components of GST.

• GST stands for Goods and Services Tax

• It is a tax levied on the supply of goods and services in India

• CGST stands for Central Goods and Services Tax

• It is a tax levied by the central government on intra-state supply of goods and services

• SGST stands for State Goods and Services Tax

• It is a tax levied by the state government on intra-stat...read more

RCM stands for Reverse Charge Mechanism and section 194Q of TDS is related to TDS on purchase of goods.

• RCM is a mechanism where the recipient of goods or services is liable to pay the tax instead of the supplier.

• Section 194Q of TDS mandates that a buyer who purchases goods worth more than Rs. 50 lakhs in a year from a seller is required to deduct TDS at the rate of 0.1%.

• The purpose of section 194Q is to widen the tax b...read more