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Mahesh S M

What should be done at the time of ESI return filing if we have an employee who was previously enrolled for ESI and now has a salary that crosses 21K?

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J.SINGH
15 May 2024 at 18:12

PROPER ACCOUNTS HEAD

Sir
I am employed as an accountant in a firm where paint is applied on finish goods for identification of material so I would like to know under which head it should be posted currently I am posting it under consumable store

thanking you

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Bhavik Shah

Reference:
Master Direction – Export of Goods and Services (Updated as on November 22, 2022)
RBI/FED/2015-16/11
FED Master Direction No. 16/2015-16
C12> (iv) In case the goods are exported on consignment basis, freight and marine insurance must be arranged in India.

I have a case where an overseas buyer is paying for the freight and insurance in case of consignment exports and also for the re-import of goods of the same consignment exports so we export on the basis of FOB.
Our bank says that as per RBI Master Circular it cannot be FOB as freight and insurance has to be paid in India.
I would like to understand the interpretation of this guideline.
Does it mean that:
1) Freight and Insurance has to be paid by the exporter
2) Freight and Insurance has to be paid in India by anyone of the exporter/overseas party/third party
3) Freight and Insurance has to be "arranged" in india at the time of exporting but can be paid by anyone anywhere
4) Freight and Insurance has to be paid/arranged in India only so as to safeguard the FOREX involved in the transaction in case of any loss/damage of the product (since in case of consignment the ownership has not yet passed to the overseas buyer)

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Nidhi Kanabar
15 May 2024 at 15:17

GIFT TO NRI UNDER FEMA

Hello,

whether drawal of foreign exchange by resident Indian for remittance of gift $20000 to grand daughter(NRI) is allowed under LRS scheme of FEMA Act 1999?

Reply at earliest

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Ravi lalchand Chhatpar
15 May 2024 at 12:35

ROC Filing for board resolution

do we have to file board resolution where private limited company's director salary is fixed with ROC

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jotenain reen
15 May 2024 at 12:31

Warehouse construction

Can anyone please provide the project report on the general warehouse construction?

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Elvin smith

Looking for competent and proficient professional business plan writers in the UK? Your quest ends with UK Business Plan. As industry leaders, I found that this website: https://www.ukbusinessplan.co.uk/ specialize in developing unique and effective business strategies.

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GANESH M
15 May 2024 at 11:58

Applying for IEC CODE

i am applying for a IE Code, in the register screen to create a login, is it required to give Company/LLP name or any director/desgnated partner name would be OK.

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CA Kamalakar Kadam

Kindly send me educational Institute Project Report

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Nagesh Rao

How TO GET THE CATEGORY OF THE FIRM FROM THE INSTITUTE AND WHERE IS SHOWN IN INSTITUTTE WEB SITE. PL INFORM TO THE EMAIL OF nagesh1953@gmail.com

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