powered by logo

Forums

Levy of an exemption from custom duty

Indirect Taxation

answered on 02-Feb-25 15:17

Below mentioned topics not covered in videos.. Sec-20 : Reimportation of goods Customs ( import of goods at concessional rate of duty or for specified end use ) rules 2022 _ total 11 rules Sec 15: Date for determining the rate of duty and tariff valuation of imported goods Sec 25A: Exemption from custom duty on imported goods used for inward processing of goods Sec 25B : Exemption from custom duty on re imported goods used for outward processing

latest answer

If you have any further specific queries on topics etc pls let us know. we are happy to assist

pravalika karanati

pravalika karanati

CA Final

3K+

2

251

Why "e^(r-d)*t" was used ?

AFM

answered on 02-Feb-25 12:24

Why "e^(r-d)*t" was used rather simiply we can add "cost to carry" deduct the "dividend".

latest answer

Derivatives are priced using Continuous compounding method - that is the original formula PA compounding and simple interest are used only for explanation purposes so that the concepts are understood. In case ICAI asks questions without continuous compounding then you may use normal compounding - otherwise continuous compounding is preferred

Chakri simhadri

Chakri simhadri

CA Final

6K+

1

198

Impact cost

CFA

answered on 02-Feb-25 06:35

Pls explain what is impact cost in stock market I tried but didn't understand

latest answer

Impact cost

Dhakshana Dhakshana

Dhakshana Dhakshana

CFA L2

18K+

1

149

ROU - Reducing Lease Incetives

Financial Reporting

answered on 03-Feb-25 19:55

sir incase of ROU, the lease incetives which need to be reduced are those lease incentives which are received at/before lease commencement right ?

latest answer

It could be post-commencement as well.

Hemachandra D

Hemachandra D

CA Final

9K+

1

175

Lessor point off view

Financial Reporting

answered on 03-Feb-25 19:57

sir how would lessor know whether the lesse will excerice the purchase option or not, should the lessor make any assumptions in this cases ?

latest answer

Under Ind AS 116, the lessor determines whether the lessee is reasonably certain to exercise a purchase option based on available contractual terms, economic incentives, and market conditions at the lease commencement date. E.g If the purchase price of the asset at the end of the lease is significantly lower than its expected fair value, the lessee is more likely to exercise the option. The lessee is more likely to exercise the purchase option if the asset is specialized for its operations.

Hemachandra D

Hemachandra D

CA Final

9K+

1

186

How to prepare for paper 6 - Integrated Business Solutions

AFM

answered on 01-Feb-25 20:49

Dear Sir, I am a student who has taken up classes from Indigo learn. I wanted to know how can I prepare for my paper 6 exams. It would be really helpful if you could share some insights or pointers on how to approach this paper. (I did not not know where else to post this query so I have posted on the last video.) Thank you

latest answer

Thank you so much sir !

Manu Jacob

Manu Jacob

CA Final

6K+

2

499

Avg return of the portfolio

AFM

answered on 01-Feb-25 14:35

If the average return of the portfolio is given, then can we not also calculate Portfolio beta and substitute in the CAPM return formula and arrive the market rate?

latest answer

Yes you can I don’t agree with ICAIs solution though I mentioned that in first half minute itself

Benwin Thattil

Benwin Thattil

CA Final

2K+

1

292

FR paper Analysis

Financial Reporting

answered on 14-Feb-25 14:14

Can can we get updated Past Exam (i.e upto Nov-24) analysis for FR, same as AFM??

latest answer

It is updated. You can check now.

kabilan sam

kabilan sam

CA Inter

3K+

3

272

Professional ethics

Auditing

answered on 02-Feb-25 23:17

Hi ma'am A concurrent auditor of the bank 'x' cannot be appointed as statutory auditor of bank 'y' which is sponsored by "x", What is meant by sponsored here,

latest answer

These are banks which are promoted or financed by other public financial institututions. They provide both , financial and operational support. RRBs are sponsored by public sector banks. Like SBI, Punjab National National bank are sponsored bank for many RRBs like Andhra Gramin Bank, HP Gramin banks etc.

R Yashwanth Kumar

R Yashwanth Kumar

CA Final

87K+

1

216

Allocation of variable consideration

Financial Reporting

answered on 03-Feb-25 19:58

Timestamp @ 08:32 Sir, so eventually the total allocation to the licences will be same as their standalone prices only. Am I right, sir?

latest answer

Not in all cases.

Denz Philip

Denz Philip

CA Final

10K+

1

216