Wednesday, July 26, 2017

How to calculate VAT when supplier are submitted Mushak-11 with bill voucher.

The manufacturing company are liable to submit Mushak-11 when he submitted bill voucher to the buyer for receiving payment as per VAT Act 1991 & 2012. As per tax authority or TDS Sec-52 buyer will deduct Tax & VAT when payment disburse. 

Let, Suppliers bill amount Tk. 11,500/- with Mushak-11 Means 15% VAT is added on base value when base value is Tk. 10,000/-

Than TDS & VAT treatment will be bellow means Net amount is paid after deducting TDS from base value and after that adding Mushak-11 amount Tk.1,500/-.



Date
Voucher No.
Suppliers Name
Bill No.
TDS Rate
VDS
Rate
Bill Tk.
Musak- 11 Tk.
TDS Tk.
 VDS Tk.
 Nett
Bill Tk.
11-Jun-17
104/17
BBS Cables Ltd.
000263-17
3.0%
15.0%
  10,000.00
     1,500.00
         300
        -  
      11,200

Tuesday, July 25, 2017

Fabric & Accessories Follow-Up Chart

A Merchandiser is a important person to complete an order are given by buyer. When a buyer is given an order also confirm all Fabric & Accessories sourcing from buyer nominated suppliers or merchandiser chosen suppliers to complete the order in due time. So, we can say that Fabric and Accessories management is most important for every merchandisers. It's also cost save tools for maintaining the materials. 

Now I will share a format to maintain Fabric & Accessories from order given by buyer. It will be helpful to your every day service life. 

Buyer Order Information:
Buyer
Li & Fung








Date:




Sales Contract/Master LC No
FATL BD/NMY/***BC











Update:




Style Reference
CH17SS------



Fabric & Accessories Follow-Up Chart
 













Job No
FATL Summer17
















Session
Summer17
















Order Qty(Pcs)
****Pcs
















FOB Value
******
















FOB/Pcs
****
















Item Description
Quality & Col Std. Rcvd.
1st Submission
2nd Submission
Booking  Date
PI Rcvd Date
LC Open Date
Bulk ETD
Bulk ETA
In-housed Date
Note

Plan
Actual
Approval
Plan
Actual
Approval
Plan
Actual

100% cotton seers sucker, Cons: 90x70/40x+40/2x40, weight  115 gsm. width 57/58” CW 56"

19-Oct-16





21-Jun-16


31-Jul-16

22-Aug-16



65% PLOY. 35% COTT. T/C  94*64/45*45= 88-90 GSM

19-Oct-16





14-Jul-16




10-Aug-16





19-Oct-16
















19-Oct-16














Accessories Budget:

19-Oct-16














Thread

19-Oct-16










12-Aug-16

A/W for fit comments

32mm Knit Elastic-900D

19-Oct-16





18-Jul-16




28-Jul-16



18mm Palastic Chalk Button

19-Oct-16





18-Jul-16




28-Jul-16



Interlining

19-Oct-16





24-Jul-16




15-Aug-16

A/w fabric com.

Wash Care Label

19-Oct-16





24-Jul-16




15-Aug-16

A/w fabric com.

Brand/Main Label

19-Oct-16










15-Aug-16

NMY Arrange

Printed Satin Tape

19-Oct-16










15-Aug-16

NMY Arrange

Brand Tag "Cherokee"

19-Oct-16










15-Aug-16

NMY Arrange

Price Tag

19-Oct-16










15-Aug-16

NMY Arrange

Poly Sticker ( Assort )

19-Oct-16










15-Aug-16

NMY Arrange

Poly bag

19-Oct-16










30-Aug-16

Will book after PP

Carton

19-Oct-16










30-Aug-16

Will book after PP

Top/Bottom

19-Oct-16










30-Aug-16

Will book after PP

Gumtape

19-Oct-16





27-Jun-16




10-Aug-16



Hanger

19-Oct-16










24-Jul-16

NMY Arrange

Hanger Sticker

19-Oct-16










05-Aug-16

NMY Arrange

1718 cWhite lock spin

19-Oct-16










31-Jul-16



Others

19-Oct-16














Courier Cost

19-Oct-16



































Plan
Actual
Approval
Plan
Actual
Approval



Plan
Actual




Printing:

19-Oct-16














Garments Wash

19-Oct-16














Embroidery: Fancy Emb at Bk Pkts

19-Oct-16




















































Sample Status
T/P Rcvd
1st Submission

3rd Submission

Submission Plan
Submission Actual
Approval Date

Approval Date
Submission Plan
Submission Actual
Approval Date


Development Sample:










Fit/Style/Proto Sample:

04-Oct-16








SMS Sample:










Photo/Media Sample:










Pre-Production/Counter Sample:

03-Nov-16








Garments Test Sample:

25-Nov-16








TOP/Shipment Sample:

27-Nov-16








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