Hindusthan Urban Infrastructure DGM Interview Questions and Answers

Blocked Input Tax Credit (ITC) refers to the situation where a taxpayer is unable to claim credit for the taxes paid on inputs due to certain restrictions or non-compliance.

• Blocked ITC can occur when the supplier has not paid the tax collected to the government.

• ITC on certain goods or services like motor vehicles, food and beverages, etc., may be blocked under GST regulations.

• Non-compliance with GST rules or incorrect ...read more

IGST will be charged if the supply is between two different states, otherwise local GST will be charged.

• IGST will be charged if the supply is inter-state (between two different states)

• Local GST will be charged if the supply is intra-state (within the same state)

• The place of supply rules under GST determine whether IGST or local GST is applicable

Yes, I have experience in handling consolidation in previous roles.

• I have successfully managed the consolidation of financial statements for multiple entities in my current role.

• I am familiar with the process of consolidating data from various departments to create comprehensive reports.

• I have experience in streamlining consolidation processes to improve efficiency and accuracy.

• I have worked with cross-functional teams...read more