Free Essay

Goodwil Corporation Ltd.

In: Business and Management

Submitted By nilunegi92
Words 349
Pages 2

Expo Machine Tools Pvt.Ltd (M)
A-19, Ground/First Floor,, Sector-5,, Noida Phone : 0120- / E-mail :

VAT TIN : 09865711359 CST No. : 09865711359 Excise Regn No. : AACCE5677NEM005 Consignee Premium Graphite Pvt Ltd F-26R,First Floor, Kalkaji, New Delhi-110019

Range Division Commissionerate PAN / Income Tax No.

: : : :

XVII Noida / E5, Sector-1,IVth Floor, Noida III Noida / E-5, Sector-1, Noida Noida / C-56/42, Sector-62, Noida AACCE5677N

Invoice No. 0465/14-15 Buyer’s Order No. Po No- Verabl Delivery Note Supplier’s Ref./Order No. 0465 Despatched through BY Hand Date & Time of issue of Invoice 23-Aug-2014 at 19:25 Date & Time of Removal of Goods 23-Aug-2014 at 1955 Mode/Terms of Payment

Dated 23-Aug-2014 Dated 23-Aug-2014 Dated Despatch Document No. Destination Delhi Motor Vehicle No.

VAT TIN : 07766906454 CST No. : 07766906454 Excise Regn No. : AAHCP4632MEM001 Buyer (if other than consignee) Premium Graphite Pvt Ltd F-26R,First Floor, Kalkaji, New Delhi-110019

VAT TIN : 07766906454 CST No. : 07766906454 AAHCP4632MEM001 Excise Regn No. :
Sl No. 1 No. & Kind of Pkgs. 1 Description of Goods Machined Graphite Components Cavity Ele Hse266159 C008_d Excise Duty 12% ( Output) Education Cess 2% (Output) S & H Edu.Cess 1% (Output) CST @ 2.0 % Against Form"C" (8,207.00)

60 Days
Tariff / HSN Classification 38019000 Quantity 1 pcs Rate 7,304.00 per pcs Amount 7,304.00

12 2 1 2

% % % %

876.00 18.00 9.00 164.00

Amount Chargeable (in words) : INR Eight Thousand Three Hundred Seventy One Only Amount of Duty (in words) : INR Eight Hundred Seventy Six Only Amount of Cess (in words) : INR Twenty Seven Only

1 pcs


Form to Receive : C Form Dt: VAT Declaration : We declare that this invoice shows the actual price of the goods described and that all particulars are true and correct.
Serial No. in PLA/RG-23 :

for Expo Machine Tools Pvt.Ltd (M)

Authorised Signatory E. & O.E…...

Similar Documents

Premium Essay


...CORPORATION * A Corporation is an artificial being created by operation of law, having the right of succession and the powers, attributes and properties expressly authorized by law or incident to its existence. Attributes of a Corporation * A Corporation is an artificial being with a personality separate and apart from its individual shareholders or members. * It is created by operation of law. * It enjoys the right of succession. * It has the powers, attributes and properties expressly authorized by law or incident to its existence. Advantages of a Corporation * The corporation has the legal capacity to act as a legal entity * Shareholders have limited liability. * Its management is centralized in the board of directors * It has continuity of existence. * Greater ability to acquire funds. Disadvantages of a Corporation * A Corporation is relatively complicated in formation in management. * There is a greater degree of government control and supervision. * Its requires a relatively high cost of formation and operation * It is subject to heavier taxation than others forms of business organizations. * Transferability of shares permits the uniting of incompatible and conflicting elements in one venture Classes of Corporations * Stock Corporation Corporations which have share capital divided into shares and are authorized to distribute to the holders of such shares dividends or allotments of the......

Words: 451 - Pages: 2

Free Essay

The Corporation

...the corporation is very informative. There are several viewpoints throughout the documentary. In one part of the documentary certain corporations were call bad apples. Bad apples were the corporations that were flooding the corporation industry. Kmart in Enron were two of the corporations thar was considers bad apples. The documentary a corporation was said to be like a family. Asia K. Philson Everyone works together for a common in goal like a family would do. One important key factor is that certain corporations are exposing dangerous chemicals that harm us. Some believers feel we are in a major cancer epidemic due to harsh chemicals that one is exposed to on an everyday basis. The synthetic chemicals are not only causing cancers but birth defects and other toxic mishaps as well. Animals are born with defects and a child was born without eyes. The documentary explains that a corporation is psychotic If you're looking at the corporation as a person. The corporation is said to have all the characteristics of a psychopath. The people that are part of the corporation such as stockholders, workers, and Executives all have moral responsibility within a corporation. The CEO of Goodyear says that his job is very stressful and that he does not have complete control (Sam g) Since 1990 Goodyear has laid off over 20,000 employees and closed 8 plants. He explains that it's a decision that he never likes to make. Society views CEOs and other important people of corporations......

Words: 313 - Pages: 2

Premium Essay

Corporation Law

...retained a $4 million dollar loan from Bonza Bank Ltd. $3 million is used to buy more stock and $1 million is used to buy a large new warehouse and showrooms from Space Solutions Pty Ltd. However, there are few directors were not really care about the company. Colin was not present at the meeting when these decisions were made. Elizabeth had not attended the meeting as usual but signed the requisite documentation agreeing to the expansion of the business and the getting of the loan. Diana who attended, said she did not know if she agreed and abstained from voting. Andrew and Brian both voted to go ahead with the expansion and the getting of the loan. At about this time Brian had established contact with Victor, who was setting up a new business as a jewellery retailer. Victor was looking for reliable suppliers, but said he would not deal with Pandora Diamonds and Gems Pty Ltd as he did not like Andrew, the Managing Director. Not wishing to miss out on such a lucrative business opportunity, Brian arranged to set up his own business as a jewellery wholesaler and a contract was entered into between Victor and Brian for the supply of jewellery. Six months later, Brian resigned as a director of Pandora Diamonds and Gems Pty Ltd. At the same time it was clear the company had over-extended itself and was insolvent and could not pay the interest on its loans. It also became clear that Brian was a major shareholder in Space Solutions Pty Ltd and the other directors were unaware of......

Words: 2748 - Pages: 11

Premium Essay

Goodwill Corporation Ltd

...of the global matrix structure is that there is dual decisionmaking responsibility, as there is both a divisional and an area hierarchy. The system is not without its problems, as many organizations consider this form of structure to be rather clumsy and bureaucratic. There is also the question of slow decision making and a lack of flexibility. Several international businesses have sought to overcome the problems by basing their organizational structure on wide networks with a shared culture and vision, and stressing that the informal structures are more important than the formal structure itself. These forms of organizational structure are known as flexible matrix structures. Egelhoff, W. G., ‘Strategy and Structure in Multinational Corporations: a Revision of the Stopford and Wells Model’, Strategic Management Journal, vol. 9 (1988), pp. 1–14. Global product group structure A global product group structure is a variant organizational structure which has product groups along a vertical axis and foreign (overseas) divisions, or business units, on a horizontal axis. The primary purpose of the product group structure is: G • • • • • to to to to to reduce costs through increased efficiency; differentiate the organization’s areas of activity; utilize any innovations or technologies; improve customer service; increase the speed of responses. Typically, the structure would appear in the format shown in Figure 24. Global strategic alliances A global strategic......

Words: 4239 - Pages: 17

Premium Essay

Valuation of Goodwil

... TYPES OF GOODWILL The category into which the goodwill of a company will fall depends upon the fact that how that company got its goodwill. Did it purchase the goodwill like any other asset or did it earn the goodwill on account of its standing in the business. Hence goodwill of a business concern can be divided into two categories from accounting point of view. 1) Purchased Goodwill 2) Non purchased Goodwill. We will explain the concept of purchased and non purchased goodwill with the help of examples. Let us assume that You purchased the business of a company XYZ ltd. The purchase consideration that you paid is $20 million. But the value of net assets acquired by you against the purchase consideration is only 19 million. This extra one million $ that you are paying as a part of purchase consideration represents the amount of goodwill that you purchased from XYZ Ltd along with other assets. So if the purchase consideration exceeds the value of net assets taken over by you, the difference is called purchased goodwill. Purchased Goodwill arises on the acquisition of an existing business concern. It can be calculated with the help of purchase consideration and the value of net assets acquired. You can show the value of this Goodwill in your Balance Sheet like any other asset. The cost of the purchased Goodwill is determined by the future maintainability of profits. Let us again assume that while working in the same business due to some positive factors......

Words: 4550 - Pages: 19

Free Essay

Environinvest Ltd Case Study

...(Receivers and Managers Appointed) (in liquidation) vs Blackburne Pty Ltd (in liquidation) (2012). Environinvest Ltd was a corporation that manages investment schemes in the field of agriculture (Bloomberg Businessweek, 2014). The corporation was responsible in developing various agriculture investments under the care of agriculture specialist, such as eucalypt plantations and hydroponic tomatoes (Korda Mentha, 2014). Investors would invest in these schemes in order to receive tax deductions (Lonie, 2009). In 2008, the corporation was voted into liquidation. The Court and the Judge The court that handed down the decision of the case was the Supreme Court of Victoria in the commercial and equity division commercial court located in Melbourne. The judge that decided the case was Judge Ferguson J and he made his judgment on 26th April 2012. Facts of the Case The main purpose of this case was an application to amend pleading or the proposed pleading of the plaintiffs towards the defendants upon the allegations that had been drawn up to them. This case is between Environinvest Ltd versus their former directors, members of the Pescott family and associated companies that are owned by the Pescott members and associates. There are two types of proceedings in this case, the Properties Proceeding and the Options Proceedings. Properties proceeding relates towards the lands formerly owned by Environinvest Ltd that had been allegedly sold or transferred to the defendants......

Words: 2789 - Pages: 12

Premium Essay


...Partnership or Corporation 1. What are some of the advantages and disadvantages of Thomas and Bryan forming a corporation? First of all, a corporation is a legal entity, created by the state, whos assets and liabilities are separate from its owners. It has some rights, duties, and powers of a person, as well as the rights to receive, own or transfer property. It is also important to mention that corporations are typically owned by many individuals and organizations who shares of the business, called stock. After this, I found some advantages or disadvantages for Thomas and Bryan if they want to form a corporation. Disadvantages: First of all, they will not be able to form a corporation in any State of the U.S. According to the law, there are some states in the U.S. that do not allow corporations owned by only two individuals. Information play an important role in any corporation, it takes a long time, as well as a lot of money to make annual reports with financial information of the office theys want to put, the flowers, and all that stuff, that is probably going to take a good part of the $10,000 of their initial contribution. Fees and formality will be some other disadvantages of turning the business into a corporation, considering that the Capital contributed was not a big amount. Finally, we cannot forget that corporations have potential double tax consequences (once when the company makes its profit, and a second time when dividends are paid to shareholders),...

Words: 834 - Pages: 4

Premium Essay

Tfs Corporation Ltd Financial Analysis Report

...TFS Corporation Ltd 2013 Financial Analysis Report Executive summary: This report will comment on the profitability, efficiency, market values and the short and long term financial stability of TFS Corporation LTD. The analysis will be conducted using consolidated statements of comprehensive income, financial position, changes in equity, cash flow and historical statistics to provides an analysis and evaluation of the current and prospective profitability, liquidity and financial stability of TFS Corporation LTD. These resources are obtained from the TFS Corporation’s annual reports of 2012 and 2013. Financial ratios and balance sheet comparisons will be used to assist with the evaluation of the company. Methods of analysis will include profitability ratios, efficiency ratios, short and long term solvency ratios and market based ratios, these calculations can be found in the appendix. Results of data analysed show that all ratios are above averages. It has had a very profitable year with high return ratios. It has shown very strong growth in all aspects namely in the net profit and revenue arenas. The only issues TFS Corporation LTD must address are the issues to do with current and total liability, as they have reduced its ability to cope with the short and long term solvency, but regardless the company is still in a very strong position.   Introduction: TFS Corporation LTD is a Western Australian company listed on the......

Words: 1641 - Pages: 7

Premium Essay

Corporate Governance Evaluation of David Jones Ltd, Billabong International Ltd, Ten Ltd and Energy World Corporation Ltd

...FINS3626 Group Assignment Evaluation of BBG, DJS, TEN, EWC Executive Summary Phenomenal growth of interest in corporate governance has emerged in recent years. The body of literature on the subject has grown markedly in response to successive waves of large corporate failures. Furthermore, there have been numerous attempts to define what constitutes ‘good corporate governance’ and to provide guidelines in order to enhance the quality of corporate governance. It must, however, be acknowledged that while everyone advocates and wants corporations to maintain ‘good corporate governance’, measuring the quality of corporate governance structures of the Australian companies has been, at best, very difficult. The major contribution of this report is to develop a simple and effective measurement model to rate the corporate governance structures of four companies. In effect, this report hopes to shed light on factors that should be taken into account in order to make sound investment decisions. The report concludes that David Jones would be the best investment decision amongst the four companies. The rest of the report is structured as follows. Section 1 details our ‘Corporate Governance Assessment Model’, comprising of six governance-related factors and associated measures. Section 2 outlines our assessment of the corporate governance quality of each of the four companies, as well a brief description of the company. Section 3 shows our firm’s conducted comparison of the......

Words: 5767 - Pages: 24

Free Essay

Windcather Ltd

...Case Study: WINDCATCHER LTD John Jeffries recently left the army after more than 20 years in the service. He had decided that at 45 years of age it was time to start a second career. Throughout most of his life John had a passion for sailing and had competed successfully in many offshore yacht races. He felt that because of his expertise and interest in sailing and the fact that over the years he had cultivated many friends and contacts in the sailing world, he would be wise to invest his money and energies in this area of business. After many months of searching for a suitable business, last October John and his wife agreed to purchase all of the shares of Windcatcher Ltd for £500,000 at the 31 December. The business was involved in the manufacture of sails on an individual ‘made to measure’ basis for boats ranging in size from one-man dinghies to ocean-going yachts. Most of the customers were private individuals, though about 10% of orders each year were placed by small boat-builders. Windcatcher also undertook some repair work to damaged sails. The business was established in 1970 by Arthur Davies and was managed by him until his sudden death in August. Over that period he had shown a strong interest in the technical side of the business and Windcatcher enjoyed a good reputation for the quality of the products. However, he had had little interest in financial matters and maintained only rudimentary management accounting records. Demand for Windcatcher’s......

Words: 1109 - Pages: 5

Premium Essay


...Introduction A corporation is a legal entity that is created under the laws of a state designed to establish the entity as a separate legal entity having its own privileges and liabilities distinct from those of its members. There are many different forms of corporations, most of which are used to conduct business. Early corporations were established by charter (i.e. by an ad hoc act passed by a parliament or legislature). Most jurisdictions now allow the creation of new corporations through registration. An important (but not universal) contemporary feature of a corporation is limited liability. If a corporation fails, shareholders normally only stand to lose their investment and employees will lose their jobs, but neither will be further liable for debts that remain owing to the corporation's creditors. Sole- Proprietorship A business structure in which an individual and his/her company is considered a single entity for tax and liability purposes. A sole proprietorship is a company which is not registered with the state as a limited liability company or corporation. The owner does not pay income tax separately for the company, but he/she reports business income or losses on his/her individual income tax return. The owner is inseparable from the sole proprietorship, so he/she is liable for any business debts also called proprietorship. A business can be set up in a variety of ways, ranging from a sole-proprietorship to a general partnership, an LLC to a......

Words: 1593 - Pages: 7

Premium Essay

The Corporation

...qualities, analysis of growth and history, exploration of impacts, and brief look at the future of the modern business corporation. The documentary defines a corporation as a legal person, explaining that is has most of the legal rights a person has such as borrowing money and managing property. The film was released around the time of major corporate scandals, such as Xerox, Enron, and WorldCom, and uses the metaphor “bad apples” to state that there are more than a few corporations that are bad. The film argues that if corporations were people, they would have psychopathic personalities. It then states that corporations have become a vessel which good and bad people can cause harm to society because of the way corporations have evolved and how they are protected. The Corporation film is concerned with the role corporations have in modern society its impact, or the corporate social responsibility. The film explores how corporations have been poisoning the earth as well as consumer minds and how the government is intended to look over and control these corporations. It looks into some of the unethical business practices and strategies executed by corporations and the externalities that are created to satisfy the main goal of the corporation: to maximize profit and market share. 2. Body A major social issue that was brought up in this film is the way that corporations treat foreign factory workers. The film is concerned with the rampant use of sweatshops by large......

Words: 913 - Pages: 4

Free Essay

Abc Ltd.

...Further if any clarification & information is needed, please feel free to communicate with us, or visit the event website: www. We are eagerly looking forward to seeing you at the Asia Pharma Expo 2011. Thanking you Yours sincerely Managing Director Incepta Pharmaceuticals Ltd. JOINT CONVER Dr. Momenul Haq Managing Director General Pharmaceuticals Ltd. MEMBERS Mr. Kh. Tarique-ul-lslam Managing Director Medimet Pharmaceuticals Ltd. Managing Director Globe Pharmaceuticals Ltd. Managing Director Renata Ltd. Mr. Md. Harunur Rashid Mr. Syed S Kaiser Kabir Mr. Iftekharul Islam Managing Director Sanofi-Aventis Bangladesh Ltd. Mr. A M Faruque Managing Director Eskayef Bangladesh Ltd. Dr. Mostafizur Rahman Managing Director Popular Pharmaceuticals Ltd. Mr. M Mosaddek Hossain Managing Director UniMed & UniHealth Manufacturers Ltd. Mr. Mohammad Yusuf Managing Director Drug International Ltd. Mr. M M Rahman Khan Dr. Md. Zakir Hossain Managing Director Peoples Pharma Ltd. Managing Director Delta Pharma Ltd. Mr. Feroz Uddin Khan Managing Director Edruc Ltd. Mr. Md. Halimuzzaman Salman F Rahman Executive Director Healthcare Pharmaceuticals Ltd. SOUTH ASIA ONE OF THE RAPIDLY GROWING PHARMA REGION § § § § § ADVISOR Mr. Nazmul Hassan, MP One of the fastest growing pharma economy of the world The rapid growth rate to meet the Demand & Supply statistics of India, Bangladesh, Nepal, Pakistan, Bhutan, Myanmar,......

Words: 3538 - Pages: 15

Premium Essay

Beximco Ltd

...methods. Moreover, because of this analysis the finding of the report is made. Limitation of the study In the full course for report writing, the researchers have gone through several limitations. They are: * We got the information after a little bit late than we expected. * The insufficiency of information is main constraint of the study. * The study limits only on the available published data and certain degree of availability in internet. * In many cases, up to date information was not published. * Availability of the reference book is another limitation. INTRODUCTION Of BEXIMCO PHARMACEUTICALS LTD. BEXIMCO PHARMACEUTICALS LTD. (At a Glance) Key Company Information Name: | BEXIMCO PHARMACEUTICALS LTD | Year of Establishment : | 1976 | Country of Incorporation : | Bangladesh. | Commercial Production : | 1980 | Status | Listed Public Limited Company. | Business Lines | Manufacturing and marketing of pharmaceutical Finished | Main Country of operation | Bangladesh | Slogan of the company | “We Are Building A Healthier Tomorrow” | Overseas Offices & Associates : | Australia, Bhutan, Cambodia,......

Words: 10833 - Pages: 44

Premium Essay

Corporations Law scenario, Doris, Betty, and Charlie formed a company called Bechdo Pty Ltd. The three members are the directors and Betty who is major shareholder holds 40% followed by Charlie and Doris who hold 20% each while the 20% is held by the rest. Based on the company constitution, a managing director has capacity to enter into a contract o behalf of the company up to a maximum of $100,000. Moreover, he/she can enter into contracts to the value of $900,000 upon getting consent for the board of directors. In this case, Bechdo Pty Ltd operates without a managing director since none was elected. The major issue is that Betty being the majority shareholder went ahead and entered into contract with BB Ltd, Jillo Pty Ltd, and Con Development Ltd. All the contracts made were over USD 100, 000, and the last two were over USD 900,000. Upon realization of the contracts, a meeting was convened and a resolution was made that stated that Betty acted improperly and failed to discuss the contracts with board members. As a result, the three contracts have been labeled as void and ultra vires and Bechdo Pty does not recognize them. The paper seeks to advise, Bechdo Pty Ltd, BB Ltd, Jillo Pty Ltd, and Con Development Ltd in regard to their liabilities and legal rights to the contract. Moreover, advice is given on legal grounds that may be taken by Bechdo Pty Ltd against Betty, Charlie, and Doris. Rules First, a corporation or a limited company is an artificial entity which is independent of......

Words: 3070 - Pages: 13

¡Cómpralo ya! | Virtual Reality | Symbian S60 ROM Modding Dev. Cert. Zone