Lexmark International Software Engineer Level 1 Interview Questions and Answers

I have checked for accuracy of data, completeness of invoices, correct tax rates, and timely filing.

• Checked for accuracy of data entered in GSTR 1 and GSTR 3B registers

• Ensured all invoices are complete and contain necessary details

• Verified correct tax rates are applied to each transaction

• Ensured timely filing of GSTR 1 and GSTR 3B to avoid penalties

To tackle GSTR 2A reconciliation issues, one must compare the data in GSTR 2A with purchase records and address any discrepancies.

• Regularly download GSTR 2A from the GST portal

• Compare the data in GSTR 2A with purchase records to identify any mismatches

• Investigate the reasons for discrepancies such as missing invoices or incorrect data entry

• Communicate with vendors to rectify any errors or missing invoices

• Maintain prope...read more

TDS compliance involves deducting tax at source as per rules and depositing it with the government.

• TDS should be deducted at the time of payment or credit, whichever is earlier.

• TDS rates vary based on the nature of payment and the status of the deductee.

• TDS returns should be filed quarterly using Form 26Q, 24Q, 27Q, or 27EQ.

• Late filing or non-compliance can lead to penalties and legal consequences.

Sales and marketing are two interconnected activities that aim to promote and sell products or services to customers.

• Sales involves the process of identifying potential customers, persuading them to purchase a product or service, and closing the sale.

• Marketing encompasses activities such as market research, product development, advertising, and branding to create awareness and generate demand for the product or service...read more

I hope to gain valuable hands-on experience, develop new skills, and contribute positively to the team.

• Gain practical experience in the field

• Develop new skills and knowledge

• Contribute positively to the team by completing tasks efficiently and effectively