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

21 July 2015 YES PART OF PURCHASE.

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


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