Import cvd

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
09 July 2012 The CVD + Edu.cess paid for the imports, not included in the cost of materials purchase, will be kept Assets and Liabilities. While raising the invoice debit sales and credit the A&L CVD account, this is for registered customers .
Please clarify me what is the accounting treatment for non registered cusotmers, is it simply write off ( which will be loss) or do i need to add to the purchase and sotck.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
17 July 2012 In CA Club no experts or i need to improve my question


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


Answer Query