Ori-Plast Interview Questions, Process, and Tips

The process of buying materials as per PR involves several steps.

• Reviewing the PR to ensure accuracy and completeness

• Identifying potential suppliers and obtaining quotes

• Comparing quotes and selecting the best supplier

• Negotiating terms and conditions with the supplier

• Issuing a purchase order to the selected supplier

• Tracking the delivery of materials and ensuring timely receipt

• Verifying the quality and quantity of materi...read more

Vendors can be identified and justified for making PO by evaluating their quality, reliability, pricing, and delivery time.

• Evaluate vendor's quality by checking their past performance, certifications, and customer feedback

• Check vendor's reliability by verifying their financial stability and ability to meet deadlines

• Compare vendor's pricing with other suppliers in the market

• Consider vendor's delivery time and ability to...read more

There are three types of GST in India: CGST, SGST, and IGST.

• CGST (Central Goods and Services Tax) is levied by the central government on intra-state supplies of goods and services.

• SGST (State Goods and Services Tax) is levied by the state government on intra-state supplies of goods and services.

• IGST (Integrated Goods and Services Tax) is levied by the central government on inter-state supplies of goods and services.

There are 22 sections under the Income Tax Act, 1961 that deal with TDS.

• There are 22 sections under the Income Tax Act, 1961 that deal with TDS.

• Each section specifies different rates and thresholds for deduction of tax at source.

• For example, Section 192 deals with TDS on salary, Section 194A deals with TDS on interest income, etc.