As per law, if a customer remits an amount with out specifying any invoice reference, the seller can appropriate to any invoice.
But if the customer specifies invoices against which the amount remitted can be appropriated, the seller can refuse receive the amount. But if he receives the amount he has to adjust the amount only to the invoices mentioned by the customer.

I have forgotten the Act in which it is specified.
Will you please advise me the relevant provisions.

I am in the field of import-export-commercial. I want compleat information rearding advance licence i.e.application process and documents required for it,redemption process and documents required for it,closing process and documents required for it and export obligation against advance licence.
Also please inform any specific type of bill of entry for imports and specific type of shipping bill for export is required for advance licence.If required then explain what type?

Please explain the above in details.

respected experts

i want to pursue comapny secretary programme but my collegues and relatives are complaining that it is very tough course it takes soo many years to complte and saying i cant do
is it true? and they r discouraging me pl help me in this aspect


thanking you in advance

Being a seller what are the point to be covered under domestic LC And type of LC & if LC is discounted with bank what will be accounting entry

What is Project Finance?

in customs in import valuation d handling charges r given a 1% of cif value n cif value =fob +transport +insurance
but in bangar they hv caluclates handling charges as 1% of transaction value +tranport+insurance is it right??

What is the time limit for the partners to arrange the Capital contribution agreed by them . And what will be the consequences in case all the partners unable to arrange the Contribution amount agreed by them.

A SORROWFUL NEWS THAT MY FRIEND'S FATHER EXPIRED LAST MONTH DURING WORKING HOUR. HE WAS AN GOVERNMENT EMPLOYEE. SO MY FRIEND FAMILY RECD ABOUT 20LAKH FROM TELEPHONE DEPARTMENT INCLUDING PF, GRATUITY, COMPENSATION ETC.
NOW HE WANT TO KNOW THAT WHERE HE INVEST THE MONEY SO THAT HE COULD GET FRUITFUL BENEFITS FROM THAT INVESTMENT FOR WHOLE LIFE. BECAUSE HIS THREE YOUNGER BROTHER AND SISTER ARE BELOW TO EIGHT STANDARD AND OBVIOUSLY UNMARRIED.

PLEASE HELP..

THERE IS A PROPRIETORSHIP CONCERN ENGAGED INTO SHIPPING BUSINESS OF CLEARING & FORWARDING, STEVEDORING, TRANSPORTATION
IS Employees State Insurance APPLICABLE TO IT. IT HAS EMLOYESS MORE THAN 20.

i have got membership no and COP. but not recieved prop. firm registration.

whether I can sign on audit reports without firm name (In indiviodual name.

kinly resolve my query urgently. I have to sign some audit reports