of the Task Force on GST constituted by the Thirteenth Finance commission. Before going on discussion we should define GST and the Objective behind it. What is GST? GST is a tax on goods and services with comprehensive and continuous chain of set-off benefits from the Producer’s point and Service provider’s point up to the retailer level. It is essentially a tax only on value addition at each stage and a supplier at each stage is permitted to set-off through a tax credit mechanism. Under
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After-sales services: A rising revenue model? Posted On May 16th‚ 2009 By Srabani Sen When Sinee Electronics shifted base from Thane to Delhi‚ it installed 16 UPS and four inverters to run its office. A popular brand‚ which provided both UPS and inverters‚ was very prompt in delivering the products and installing them. Not only that‚ the two servicemen who had visited the site to install the machines‚ spent a full day in explaining the On the other hand‚ good customer service often isn’t good
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The Sale of Goods Act 1979 is an Act of the British Parliament which regulates the Contract law as well as the Commercial law in UK with regards to such goods that are being bought or sold. As per section 2(1) of the Act‚ the Act applies to such contracts where “goods” are being transferred or are agreed to be transferred in return for a valuable consideration. In other words it deals with the sale or purchase of property in personal chattels. The other parts of the section 2 to the section 15(b)
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INTRODUCTION GST shall be levied and charged on the taxable supply of goods and services made in the course or furtherance of business in Malaysia by a taxable person. GST is also charged on the importation of goods and services. A taxable supply is a supply which is standard rated or zero rated. Exempt and out of scope supplies are not taxable supplies. GST is to be levied and charged at the proposed rate of 6% on the value of the supply. GST can be levied and charged only of the business is
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Apple Terms of Service Apple call center: Apple call center has 20000 telephones‚ is the world’s largest call center‚ the incoming calls are more than 1800000 every day and the numbers are increasing. It can be seen Apple’s after-sales service is also one of his strengths Customer Loyalty At a very general level‚ loyalty is something that consumers may exhibit to brands‚ services‚ stores‚ product categories‚ and activities. There are two advantages of customer loyalty programs. One is to increase
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Measuring Macroeconomic Activity; Spending by Individuals‚ Firms‚ and Governments on Real Goods and Services Does either player have a dominant strategy? Explain. In the payoff matrix above‚ both drivers must swerve to avoid a head-on collision. If both swerve to different sides‚ they will avoid collision. However‚ if they choose to swerve the same side‚ they will collide. Is there Nash equilibrium in this game? Explain While driving makes communication difficult (i.e.‚ one driver cannot
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SUMMARY OF GOOD AND SERVICES TAX (GST) WHAT IS GST? Good and service tax is a direct tax code to be implemented by the government. It is a comprehensive indirect tax to be levied on manufacture‚ sale and consumption of goods as well as services at a national level. Integration of goods and services taxation would give India a world class tax system and improve tax collections. It would end the long standing distortions of differential taxation treatments of manufacturing and service sector. The
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Lecture Notes 2.1 What Goods and Services are Produced? A. What We Consume 1. In the United States‚ medical care is the single largest consumption category. 2. Over time‚ incomes in the United States have increased and our expenditure on necessities has fallen as a percentage of income while expenditure on services has risen as a percentage of income. B. What We Produce Most of what we consume is produced in the United States‚ and most of what we produce is services. 1. As a percent of total
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Case 9-23 1. a. Sales budget: April May June Quarter Budgeted sales in units 35‚000 45‚000 60‚000 140‚000 Selling price per unit × $8 × $8 × $8 × $8 Total sales $280‚000 $360‚000 $480‚000 $1‚120‚000 b. Schedule of expected cash collections: February sales $ 48‚000 $ 48‚000 March sales 112‚000 $ 56‚000 168‚000 April sales 70‚000 140‚000 $ 70‚000 280‚000 May sales 90‚000 180‚000
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Good Customer Service Good customer service is all about bringing customers back. Due to intangibility‚ the customers can’t feel the service‚ and thus causes lack of confidence of customers to the services. Therefore‚ the business should ensure that they provide a good‚ nice‚ friendly and professional service to the clients. The essence of good customer service is forming a relationship with customers – a relationship that that individual customer feels that he would like to pursue. The staff
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