Ganapat

If Mr. X Export Of Goods From India To Oman. Mr. X Received Ocean Freight Invoice Of USD. 800 From Mr. Y Which Are Located In Oman. The Freight Invoice Is Without GST. I Have Doubts Which Are Below

1) How To Pass Accounting Entry In Books
2) Can Mr. X Liable To Pay RCM On Ocean Freight.
3) If Mr. X Liable To Pay RCM On Freight Then What Is The RCM Rate ?
4) This Ocean Freight Invoice Treated As Import Of Service ?


Daya

How to know date of listed of any company . Is any method to know date of listed of company.


arunkumar

Renting of trucks, JCB, cranes etc., is not covered under RCM.
Under which expenses need to account


Nathan Dsouza
27 May 2025 at 19:21

How to pass the journal entry

I am working in co operative society.tds deducted on accrued interest rs 65. Accrued interest is rs 651
We cannot taken accrued interest to the income.so can you please suggest how to pass the journal entry


Daya

Please provide some best AI tools for Accounting and Taxation, Like EPF and ESI Etc.


Daya

whether EPF will be deducted on basic salary if More than 15,000 by employer on above 15,000 amount or only on 15,000 and also EPF deduction is compulsory to deduct if basic salary is more than 15,000.


Daya

can any one provide formula for calculating EPF and ESI in excel for employer and employee both.


HARPREET KAUR
22 May 2025 at 14:27

Query about ledger entry

I have currently started working in transport (freight) company. I have to make a legder of a prticular truck and have to do enteries in it from their ledger rgister. The took service from some mechanic. So how can I book this in tally erp system and which head should I DR and what should I need to CREDIT?


Daya

is Gratuity provision made yearly basis and Gratuity allowable on Paid basis under section 43B before filing of ITR of income Tax.


Mangesh Kamble
16 May 2025 at 13:23

Capex or opex

Installation of life line rope at rooftop will it be considered as capex or opex






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