banner_ad

Carry bags - given free with items sold - accounting treatmt

This query is : Resolved 

17 February 2018 Dear Sir/ Madam,
How to account for "carry bags given free with items sold". What is the account treatment?.

How to record transaction of Purchased carry bags (GST invoice)?. In the invoice carry bags are shown items wise(pieces).

17 February 2018 If you are not with trade the Carry bags then You can consider the Carry Bags as Packing Materials...
Book it the Values in Your Indirect Expenses also Avail the Benefit of ITC...


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details