Regarding Purchase
This query is : Resolved
15 June 2010
Please Clarify the following issue
"A Partnership Firm import goods from Afganistan paid Claring Charges to Custom House Agent & freight to local Transporter in India and includes such Clearing Charges & freight Charges in Purcahse"
Whether it sholud be included in purchase or not......
in my view it should be byfucated Clearing Charges & freight As A DIRECT Expenses.......
Thanks
Please Clarify on such issue.....
"A Partnership Firm import goods from Afganistan paid Claring Charges to Custom House Agent & freight to local Transporter in India and includes such Clearing Charges & freight Charges in Purcahse"
Whether it sholud be included in purchase or not......
in my view it should be byfucated Clearing Charges & freight As A DIRECT Expenses.......
Thanks
Please Clarify on such issue.....
15 June 2010
yes , your view is right. It should be treated as direct expenses.
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