Import expense in 23-24 ,but goods received in 25-25

945 views 1 replies
Imported goods comes in godown on 02.04.2024.

But ocean freight bill & clearing forwarding charges bill came on 27.03.2024

Bill of entry date is 26.03.2024

Goods comes in 24-25 F.Y., but expenses occured in FY.23-24.

In fy 23-24 we considered ocean freight & CF. as direct expenses & and same considered in closing stock.

And goods received in fy 24-25 considered as goods purchase in 24-2Import5 books of accounts.

Is it right
Replies (1)

https://docs.google.com/document/d/1hTAINUVXyW2fyN5WIx-WggsdzEn0yOj9OIk28IIq2Nw/edit?usp=sharing

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
21 July 2026
Chartered Accountant

Keshri & Associates

Thiruvananthapuram

CA

View Details
Company
25 June 2026
AUDIT MANAGER

JDAS & ASSOCIATES

New Delhi

CA

View Details
Company
16 July 2026
CA Inter, CA Intermediate, CA IPCC, CA CPT , CA SemiQualifie

Vakilsearch.com

Chennai

CA Inter

View Details
Company
Featured 18 July 2026
Senior Manager- Finance & Accounts

apricus india

Ahmedabad

CA

View Details
Company
29 June 2026
Accountant (Finance & Compliance)

TRIEYEZ

Kolkata

CA

View Details
Company
ARTICLESHIP 24 June 2026
ARTICLE ASSISTANT

BHUPINDER SHAH AND COMPANY

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 14 July 2026
Article Assistants

R Shyam and Associates

New Delhi

CA Final

View Details
Company
ARTICLESHIP 16 July 2026
Article Assistant

Sahil Agarwal & Company

Mumbai

CA Inter

View Details