Accounting
This query is : Resolved
04 September 2012
Dear sir, iam a distributor of Generators. i'll buy them from company (other state)& sell it in local state. company raises invoice in my name with split up like basic price = 10000 excise duty = 1200 edu.cess = 36 CST = 645 etc.. i cannot use any of these as iam only distributor. how should i a/c this invoice ?
Soumitra Basu
(Expert)
06 September 2012
The total amount of the bill will be your purchase price.
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