We are paying 900/- as custom duty for the samples we are recieving from Tiwan
The value of Samples is 2000/-
Please tell me how to treat samples and custom duty paid for the samples in my books
Please suggest me appropriate heads
shafeeq (accountant ) (30 Points)
15 September 2016We are paying 900/- as custom duty for the samples we are recieving from Tiwan
The value of Samples is 2000/-
Please tell me how to treat samples and custom duty paid for the samples in my books
Please suggest me appropriate heads
V P Narasimhan
(Accounts Manager)
(791 Points)
Replied 02 November 2016
Most of the Samples will be treated as "Sales/Business Promotion. You can treat the same with the landed cost.
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