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Cst tax accounts head

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(Querist)
12 July 2014 Cst tax comes to which exp? Indirect or direct?
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
12 July 2014 If it is CST payable under duties and taxes. if CST paid on purchases and if claimed for input then duties and taxes otherwise can be added as cost of purchase
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Vishnu Saboo

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Vishnu Saboo (Expert)
15 July 2014 if u paid it on purchases, this must be invetorised if the same is not refundable, so it is type of direct expenses.
if it is paid on sale without recovering it from customers, its indirect expense.
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