for a manufacturing indusrty, pl. advise whether purchase of consumable goods is a part of PURCHASE ACCOUNTS or DIRECT EXPENSE.
Regards,
Shashank Johari
Menu
Consumable goods
Replies (1)
consumable goods are dispensable personal property so i thing it is direct exp!!!this my opinion pls keep on searching for better answer!!
Recent Threads
- Turnover limit for composition dealer in gst
- My client purchases Rs. 3 crores and his turnover
- Regarding CA foundation Exemption (Direct Entry Sc
- CFSS Scheme
- Transfer of ITC from individual to LLP
- Query of Goodwill
- Remuneration to Partners
- Request For Dhirajlal Rambhia
- Tds deduction queery
- Check ITR1 on income tax Form ITR1 Instead of 1 ho
Related Threads
CAclubindia
