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When a traffic challan is issued against a person's name he or she is responsible to pay the penalty depending on the type of violation made as per the Indian Motor Vehicles Act, 1988. [11] Traffic challans can be paid by various mechanisms e.g. by cash, at an e-seva center, or by any other payment mode as specified on the challan.
The legislation stipulates that companies who are obligated under the Regulations must prove they have paid for the requisite number of tonnes to be recovered each year. Reprocessors are licensed to issue a Packaging Recovery Note (PRN), or PERNs for exported packaging, for each tonne of specific material they have recovered.
The list focuses on the main types of taxes: corporate tax, individual income tax, and sales tax, including VAT and GST and capital gains tax, but does not list wealth tax or inheritance tax. Personal income tax includes all applicable taxes, including all unvested social security contributions.
A Packaging Recovery Note (PRN [citation needed]) is a type of document that provides evidence waste packaging material has been recycled into a new product. They form a key part of the Producer Responsibility Obligations (Packaging Waste) Regulations 2007 which covers Great Britain.
Payment details (such as indicating one or more acceptable methods of payment, and details about charges for late payments, etc.); Credit Terms Tax or company registration details of the seller, if relevant, e.g. ABN for Australian businesses or VAT number for businesses in the EU;
Electronic billing or electronic bill payment and presentment, is when a seller such as company, organization, or group sends its bills or invoices over the internet, and customers pay the bills electronically. [1] This replaces the traditional method where invoices are sent in paper form and payments are done by manual means such as sending ...
The GST replaced existing multiple taxes levied by the central and state governments. It an indirect tax (or consumption tax) used on the supply of goods and services. It is a comprehensive, multistage, destination-based tax: comprehensive because it has subsumed almost all the indirect taxes except a few state taxes.
There are varied types of electronic payment methods such as online credit card transactions, e-wallets, e-cash and wireless payment system. [5] Credit cards constitute a popular method of online payment but can be expensive for the merchant to accept because of transaction fees primarily. Debit cards constitute an excellent alternative with ...