Machine part free replacement

18 July 2019
My company had purchased a machine from China, due to non performance we complained to the machine manufacturer, he has sent replacement parts for the machine for free, we have paid import duty for the free replacement parts received, but we are in dilemma how to show this transaction in books ? how to account for replacement part and where to show import duty paid ?

Manish Jaluka (Querist)
26 July 2019
Hi So Many experts are here still this query is unresolved...

You need to be the querist or approved CAclub expert to take part in this query .

Click here to login now

Similar Resolved Queries :

GST Live Class
Online GST Class    |    x