Die cost

DEAR SIR,

      PLS ANYBODY TELL ME HOW TO PASS ENTRY FOR TOOLIN DIE COST PAID TO PARTY & DIE IS CAPITALISED OR NOT? BECAUSE PARTY NOT ADD VAT OR CST IN TOOLING DIE COST PROFORMA INVOICE PLS SEND ME HOW TO MAKE ENTRY IN TALLY ERP 9 FOR TOOLING DIE COST?

MY EMAIL ID IS : psd161090 @ gmail.com

THANKS,

PRANAV

Replies (1)

if it is a new die then capitalise dr the tool &dies credit party if it is a modification carried out check out if it enhances the capacity of die to capitalise the same else it is an expense once  die is capitalised and for each and every part You have to amotise the same when sending the parts while doing billing to the customer ie basic value add die amortisation on that you have to discharge excise duty but for  discharging vat you have to reduce such amortisation 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
28 August 2026
Assistant Manager

NRS AND ASSOCIATES

Kozhikode

CA Inter

View Details
Company
16 September 2026
Internal Audit - Team Lead

Consulting & Beyond

Chennai

CA

View Details
Company
ARTICLESHIP 16 September 2026
CA Article Trainee

SR BAGAI & Co.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 26 August 2026
CA Article Assistant/CA Drop Out/Accounts Executive

PARV & Co.

New Delhi

CA Inter

View Details
Company
04 September 2026
CA inter Or ca finalist

A Jaiswal and company

Lucknow

CA Final

View Details
Company
17 September 2026
Chartered Accountant

Dass Gupta & Associates

Gurgaon

CA

View Details
Company
Featured 11 September 2026
Audit Executive

RBSM Corporate Advisors Private Limited

Pune

CA

View Details
Company
21 August 2026
Finance Manager

Resollect Technologies Pvt Ltd

Mumbai

CA

View Details