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Manufacturing expense

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(Querist)
15 May 2012 Does Factory Licence fees comes under the head of manufacturing expense?
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Dipesh Jain

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Dipesh Jain (Querist)
15 May 2012 its a renewal fees
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CA PARAS BAFNA

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CA PARAS BAFNA (Expert)
15 May 2012 Its not manufacturing expense. It is not having any bearing on the manufacturing activity whether you pay Rs. 6000/ or Rs. 60000/-
.
It can be treated under Administrative Expense as this is a kind of Legal Fee.
.
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Dipesh Jain

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Dipesh Jain (Querist)
16 May 2012 THANK YOU SIR
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