We solve real world issues precisely
Here are a few case studies about how Team Apmh has handled complex relevant regulatory and Advisory Challenges.
A Manufacturing unit in MIDC wanted to calculate the yield gain or loss as well as valuation of inventory on WIP level while doing the procure to pay cycle in tally
A Manufacturing unit for Food Colours in MIDC wanted to calculate the yield gain or loss as well as valuation of inventory on WIP level while doing the procure to pay cycle in tally.
Due to cost model followed under existing GAAP for Fixed Asset, company was not able to reflect strong market valuation of assets in financial statements.
Listed company involved in real estate activities was a land owner since many years of large land in suburban area of Mumbai. This land was shown at historical cost in company’s financials as per current accounting standard of India whereas the fair value of land was much more.
Eligibility of Input Tax Credit in Respect of the Spare Parts Replaced Free of Cost Under Warranty Period
An Indian Company supplied spare parts to customers with an agreement to replace defective parts under the warranty period. The Company raised a bill for free of cost supply to customer for replacing the warranty parts under the warranty period.
Reversal of IGST Credit because of Non-Payment of Invoice Value Within 180 Days to the Vendor
An Indian Company procured goods from the vendor and availed credit in relation to the same. Subsequently, the Vendor has passed post supply discount via Credit Note and hence the Company did not make full payment of the invoice to the vendor.