Cost of import
This query is : Resolved
18 July 2015
I have imported some product from usa and paid transport and insurance charges rs.100000.
Whether these above to exps will be form part of purchase cost or to be shown as indirect exps in profit and loss account please suggest
Whether these above to exps will be form part of purchase cost or to be shown as indirect exps in profit and loss account please suggest
21 July 2015
YES PART OF PURCHASE.
KINDLY NOTED THAT THE CHARGES @ IMPORT WILL BE DEBIT IN P& L ACCOUNT.
KINDLY NOTED THAT THE CHARGES @ IMPORT WILL BE DEBIT IN P& L ACCOUNT.
24 July 2015
Thanks for your valuable advice
24 July 2015
Thanks for appreciate sir....
regards
regards
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Original return filed under Old scheme, can we file updated return under old scheme?
- Payment of Stamp Duty and registartion of documents
- REGARDING AVAILABILITY OF ITC UNDER SECTION 17(5) FOR TRANSPORTATION OF PASSENGER SERVICES
- Confused regarding applicability of books of accounts and audit
- Tax Audit applicable for fy 24-25
- Capital Gain on Equity ETF without STT
- Reporting SIP capital gain in itr
- TDS on property 26QB Difference between Amount paid/credited currently(B) and Stamp Duty Value
- IRT section to claim fuel + driver salary+ insurance premium on company leased car (old tax regime)
- ITR 3 TO ITR 4
- TDS DEDUCTED ON PAN OF DECEASED FOR INCOME EARNED POST DEATH
- Exempt Income In ITR 1
- Rodtep Script generate
- ACCUMULATION IN CASE OF TRUST
- Last 3 years GSTR 4 not filed compulsary
- Issue in IMS (Invoice Management System)
- Credit Note Rejection in IMS and GSTR 3B locking
- How to present in Balance sheet as per scheduled III and under which head
- MCA filings and Compliance Practice
- Advance paid and received against Property plant and Equipment
Trending Online Classes
-
Live Course on EPF & ESI Act - Mastercourse(With Govt Certificate)
Mr.Balamurugan Ranganathan16 June 2025
CAclubindia
