Warranty sale


This query is : Resolved 

(Querist)
26 September 2011 warranty parts replaced by the dealer and claim from his company
In this case it took nearly 2 months to get the receipt or parts from the company to the dealer?
Here the question is ..
1. did warranty parts are treated as Sale ?
2. If it is a sale should the dealer pay vat for the warranty parts replaced?
3. what is the accounting treatment please explain????
Urgent.....

sri (Querist)
27 September 2011 warranty parts replaced by the dealer and claim from his company
In this case it took nearly 2 months to get the receipt or parts from the company to the dealer?
Here the question is ..
1. did warranty parts are treated as Sale ?
2. If it is a sale should the dealer pay vat for the warranty parts replaced?
3. what is the accounting treatment please explain????
Urgent.....


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



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query