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PDF Editor FAQ

What is SDF form in export?

HiSDF (Statutory Declaration Form) now has been replaced by EDF (Export Declaration Form ). In simple words, a document submitted to customs authorities by exporters verifying that shipping bills are accurate and complete. An exporter confirms on form SDF that the amount paid by the buyer is the same as the full export value stated on the shipping bill. Also called a statutory declaration form.Indian Government recommends the reduction of documents for import and export of goods in order to reduce transaction cost.So now, Separate SDF form is not required to be filed by exporters at the time export customs clearance.Hope this helps!

Was Britain the biggest loser of WW2?

I’m the author of this answer and Canadian so I get to pick the posters.Seriously…. I’ve been reading the 30 odd answers posted and noticed a bit of a trend and misconceptions. Let's look into it.The United Kingdom was well on her way to breaking up before the war. People have claimed she broke up after the war. Not true. We have The Statute of Westminster of 1931. You can do a search by clicking here or read the quote below: statute of Westminster - Bing“The Statute of Westminster 1931 is an Act of the Parliament of the United Kingdom and modified versions of it are now domestic law within Australia and Canada; it has been repealed in New Zealand and implicitly in former Dominions that are no longer Commonwealth realms. Passed on 11 December 1931, the act, either immediately or upon ratification, effectively both established the legislative independence of the self-governing Dominions of the British Empire from the United Kingdom and bound them all to seek each other's approval for changes to monarchical titles and the common line of succession. It thus became a statutory embodiment of the principles of equality and common allegiance to the Crown set out in the Balfour Declaration of 1926. As the Statute removed nearly all of the British Parliament's authority to legislate for the Dominions, it had the effect of making the Dominions fully sovereign nations in their own right. It was a crucial step in the development of the Dominions as separate states.” [1]Actually, the Act was preceded by the Balfour Declaration of 1926 - Wikipedia.To prove that Canada was now sovereign, she took a week to declare war on Germany after the British and declared war on Japan one day before the Americans.September 3, 1939…. The UK along with Australia declared war on Germany.[2]September 10, 1939…. Canada declared war on Germany. [2]Of course, the Americans stayed out. Now, this is the second issue I’d like to point out. What would have happened in 1939 had The United States joined the British Commonwealth? With America’s huge manufacturing capacity, what would have happened? Would the Japanese attack the Americans and British at all? Would Italy go to war the following summer? How many lives could have been saved?If The UK was pegged as the biggest loser of the winning side….. what part did America play in that?Well, to be honest, it was a dark period for democracy between 1939 and 1941. The British Commonwealth was pretty much the only viable resistance left against fascism [3] in defence of democracy[4]. Had we lost North Africa, the Mediterranean theatre, Gibraltar, and the Isles of Britain, how could Canada and America launch an attack on Europe later? With all the might that German and later Italy had to throw at the USSR because there wasn’t an Eastern Front, would the Russians still beat the odds? Britain and the Commonwealth had to hold on for time.Even though The United States neutrality acts of the 1930s [6] tried to keep America out of the war, President Roosevelt knew better. It would only be a matter of time. With sneaky tactics, he managed to circumvent the acts and along with Canada’s cooperation delivered much-needed war materiel (material-parts, materiel-finished articles like tanks) to the Commonwealth.Another misconception is Canada’s and other Commonwealth nations’ role in the early stages of WWII. Canada was not under Britain's control. She was her own country. The American military and Roosevelt knew a war was coming and needed to prepare for the worst case scenario. That would be the loss of Europe I mentioned above. Britain had already moved all her gold reserves to Ottawa and was preparing to move everything it could to Canada in that worse case senerio…. including the prized British Fleet.But to continue the fight America was needed and in an active role. McKenzie King and Roosevelt could use this argument of national defence to form a treaty to unite with Canada to fight off the Nazis. But, Rosevelt wanted the mighty British Fleet under US command if that ever happened. Churchill wasn’t excited about that. It was the Prime Minister of Canada, McKenzie King, who worked on Churchill. Eventually, we have this. Ogdensburg Agreement - Wikipedia and later this Permanent Joint Board on Defense - Wikipedia. Churchhill was not happy. At this point in history, world power shifted from Britain to The United States with the help of Canada. The stage was set in August of 1940.The Japanese helped out on Dec 7, of 1941. A number of strategic British and American installations were hit along with Pearl Harbor. Hong Kong was one. Canada had two regiments stationed there and lost 2000 after 2 weeks of bloody fighting.The Americans were finally in.By this time Canada had a significant military and manufacturing buildup. The end of the war would see Canada with the third or fourth largest military in the world. One programme that started off early in the war and the Americans used at the start of their war was the British Commonwealth Air Training Plan - Wikipedia. Britains answer to training much-needed flight crews and fighter pilots with much of it centred in Canada. A flight/fighter instructor of the “Red Tails” was one [5].Britain and Commonwealth bought time for the Americans with their blood. Had Britain lost Europe, it would have been very difficult if impossible for the remaining Commonwealth and The United States to win. American propaganda film actually pointed this out in the series, “Why We Fight” in the episode, “War Comes to America [8].You can view the series on YouTube.The rest, as they say, was history.I don’t think there was a loser. Britain was already shifting from colonial/empire rule with the Statute of Westminster. It was only a matter of time. She was one of few countries that actually paid America back for war loans. Today, a relatively small island with a population of 68 million, she still has clout. Canada transformed itself from an agricultural to an industrial based economy during the war and is in the top ten of the world’s economies. The United States became a superpower with a huge population and enormous manufacturing capabilities.On second thought…. maybe there was. It’s hard to fantom why the Patriots had the drive to separate from Great Britain in 1778 with the Treaty of Paris [7]. Canada became a dominion in 1867…. about 89 years later. And you can’t really say they suffered at all by not joining the Patriots. Had the Patriots held off and remained within the 21 British North American colonies, the resulting country would have been huge. No American War of Independence, no American Civil War, WWI would have been short-lived and no WWII. At the very least, WWII would have been short. A lot of lives would have been saved.So in a way, you could say that the 13 colonies and Vermont lost out. Pity.[1] Quote from Wikipedia: The Statute of Westminster 1931.[2] Declarations of war during World War II - Wikipedia[3] fascism - Bing[4] democracy - Bing[5] Mentioned in the Red Tail movie (2012).[6] Neutrality Acts of the 1930s - Wikipedia[7] 1778 treaty of paris[8] Why We Fight - Wikipedia

Are there any changes in the amalgamation chapter of IPCC, compared to 2015 to 2017?

Just two changes are there:-”Amalgamation Adjustment Reserve A/c” to be used for incorporating Statutory Reserve (replacing the erstwhile “Amalgamation Adjustment A/c”).And this “Amalgamation Adjustment Reserve A/c”will be a separate line item in Balance Sheet prepared in accordance with Schedule III i.e a separate Sub head will be there under either of Non Current Assets and Current Assets depending upon the how long that Statutory Reserve is to be maintained.2) Accounting for Dividend is to be done on cash basis meaning thereby no adjustment is to be done in reserves balances existing at year end .So dividend is to be “proposed” only when it is to be “paid”.( Don’t confuse it with the procedure adopted by companies for declaration of dividend because the Accounting standards guide us on how Financial Reporting is to be done ,concept of proposing dividend by directors and declaration of dividend by members still are there its just that we need not adjust dividend in books of accounts even though directors have proposed it.)Both of these changes in Accounting Standards (for corporate entities in particular) were brought through Companies(Accounting Standards)Amendment Rules,2016.

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