Migsun Group Interview Questions and Answers

Q1. TDS, Adjustment Entry
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Q2. GST Output & Input Entry
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Q3. Section of TDS 194C limit rate of dudction
Ans. 
Section 194C of TDS sets the limit for deduction rates.
• Section 194C of TDS pertains to payments to contractors/sub-contractors.

• The current rate of TDS deduction under section 194C is 1% for individual or HUF payers and 2% for others.

• If the payee does not provide PAN, the TDS rate under section 194C is 20%.

• The threshold limit for TDS deduction under section 194C is Rs. 30,000 for a single payment and Rs. 1,00,000 for ag
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Q4. GST Input & GST output of Adjustment Entry
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GST Input & Output Adjustment Entry is used to correct errors in reporting GST liabilities and claiming input tax credits.
• GST Input Adjustment Entry is used to correct errors in claiming input tax credits for purchases subject to GST.

• GST Output Adjustment Entry is used to correct errors in reporting GST liabilities for sales subject to GST.

• These adjustments are necessary to ensure accurate reporting and compliance with...read more
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Q5. Gst Input show in which side of balance sheet
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GST input is shown on the asset side of the balance sheet.
• GST input is considered as an asset because it represents the amount of GST paid on purchases that can be claimed back.

• It is typically shown under current assets if it is expected to be recovered within one year.

• For example, if a company has paid $1,000 in GST on purchases, it would show as GST input $1,000 under current assets on the balance sheet.
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Q1. Concrete pouring method
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Concrete pouring method involves the process of placing and compacting concrete into a formwork to create a solid structure.
• Ensure formwork is properly prepared and secured before pouring concrete

• Use appropriate equipment such as concrete pumps or buckets for pouring

• Monitor concrete flow and consistency to avoid segregation or honeycombing

• Properly compact the concrete to remove air voids and ensure strength

• Allow suffic...read more
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Q2. Shuttering of columns
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Shuttering of columns is the process of creating temporary formwork to support concrete until it sets.
• Shuttering is usually made of plywood, timber, or steel.

• It is important to ensure the shuttering is properly supported and aligned before pouring concrete.

• The shuttering should be removed after the concrete has set to the required strength.

• Properly designed and constructed shuttering helps in achieving a smooth and uni
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Q3. Reinforcement checking checklist points
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Q4. Tiles placing method
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Tiles can be placed using various methods such as grid layout, random pattern, or specific design layout.
• Tiles can be placed in a grid layout for a uniform and organized look.

• Random pattern placement can create a more eclectic and unique design.

• Specific design layout involves placing tiles according to a pre-determined pattern or design.

• Consider factors like tile size, shape, color, and grout spacing when deciding on t
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Q5. Flooring method for stone work
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The flooring method for stone work typically involves using mortar or adhesive to secure the stones in place.
• Prepare the subfloor by ensuring it is clean, level, and dry

• Apply mortar or adhesive to the back of each stone before placing it on the subfloor

• Use spacers to maintain consistent spacing between stones

• Allow the mortar or adhesive to dry completely before grouting the joints

• Seal the finished stone floor to protec
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STEEL WEIGHT, BBS,COVER BLOCK

Q1. LAYOUT, DRAWING READING
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