Tally Entry for Hardware purchased for manufacturing


This query is : Resolved 

Quick Summary
This discussion clarifies how to account for hardware purchases like paints, nuts, and bolts under GST. If the items are primarily used (90-95%) in the manufacturing process, they should be classified as a direct purchase. However, if the usage is mainly for factory maintenance or repairs (5%), it might be considered an indirect expense or office repair maintenance.

(Querist)
22 October 2023 Hardware such as Paints, Nut & Bolts, Spanners, etc purchased under GST comes under which head in purchase ?

Direct Purchase Or indirect expense


Manish (Expert)
22 October 2023 Under direct purchases.

RAJA P M (Expert)
22 October 2023 What are the uses of these goods in Your manufacturing company...??!

Elbin (Querist)
22 October 2023 90% to 95% for Manufacturing & 5% for factory use

22 October 2023 IF you are dealing in same activity than Direct Purchase otherwise Office Repair Maintenance.


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