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Accounting of advisory charges

This query is : Resolved 
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(Querist)
06 November 2023 Should I add advisory charges paid to bank on imports to cost of purchase or should I show it under other expense?
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RAJA P M

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RAJA P M (Expert)
07 November 2023 Show under other expenses
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Faheemuddin Mohammad

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Faheemuddin Mohammad (Querist)
07 November 2023 Can you please quote the standard on which your answer is based on?
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RAJA P M

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RAJA P M (Expert)
07 November 2023 Bank charges can't be cost of purchase. It's accountable under indirect Expenses.
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