Lending charges
This query is : Resolved
12 July 2012
Who has paid lending charges to whom??
I have noticed that one of the company has not recording the Lending charges in to systems.
Is lending charges at the time of import of goods included in total amt of Import purchase.
In Bill of Entry it was shown but the Accountant said that it not included in total import purchase
I have noticed that one of the company has not recording the Lending charges in to systems.
Is lending charges at the time of import of goods included in total amt of Import purchase.
In Bill of Entry it was shown but the Accountant said that it not included in total import purchase
12 July 2012
read link
https://www.caclubindia.com/experts/landing-charges-529400.asp#.T_6CSpE-1tg
https://www.caclubindia.com/experts/landing-charges-529400.asp#.T_6CSpE-1tg
12 July 2012
Thanks for the reply
As per suggestion that means landing charges would be ignored in the books of A/c & only import purchase payment will be considered.
Why, the landing charges would be ignored ???
and what about the freight & insurance amt is also be ignored.
As per suggestion that means landing charges would be ignored in the books of A/c & only import purchase payment will be considered.
Why, the landing charges would be ignored ???
and what about the freight & insurance amt is also be ignored.
13 July 2012
Mishra ji,
expert Rajesh ji where mentioned for ignorence in the above said link?
expert Rajesh ji where mentioned for ignorence in the above said link?
13 July 2012
Thanks for rectifying Ramesh ji
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