Bhaskaran Chackrapani Warrier's Expert Profile

Queries Replied : 22307

Graduate of Kerala University.

Fellow member of ICAI.

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kfgfgdfgffdfd says : urgent please clear my doubt
rm purchase-1000(20 kgs) vat-4 other expenses-5 total-1009 journal entry purchases dr 1009 party cr 1009 purchase cr 4 vat receivable dr 4 while recording consumption the avg rate (1009/20) ie 50.45 is used. please let me know if the aforesaid journal entries are correct.Also let me know if the issue price(50.45) for consumption is right or wrong

KAUSHIK PATEL says :
(Under Gujarat VAT) What is the consequences if dealer sell some items as combo offer or as gift on some item sold to any person? i.e. if dealer gives a free watch on the sales of any 10 items in wholesale then ITC is allowed on such Watch or not?

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sunita rana says :
Sir CAN U PLEASE TELL ME THE PROCEDURE OF INCREASE IN AUTHORIZED CAPITAL AND ALLOTMENT OF SHARES

abhishek says : leaves during articleship
Dear sir/Madam, i am a ca final student completed my 1 year & 7 months of articleship. due to some issues i have taken transfer from previous employer ,my principal mention 195 days of leave on form 109. i was registering for articleship from 29/10/2012 to 29/10/2015,accordingly my final attempt due in may 2015,but due to excess leave for which attempt i am eligible whether Nov 2015 or May 2016?.please reply asap i need proper guidance -abhishek ,new delhi.total leaves taken 195 till 27 may 2014.articleship period 29/10/2012 to 29/10/2015.....helpppppp meeeee