Packing charges regarding

1054 views 3 replies
purchase 100 rs
packing charge 10 rs
taxble amount 110
gst 18 percentage
invoice amount 110 + gst
now my question is what is the treatment packing charge in trading account
direct expenses or add in purchase amount
Replies (3)

Include it in purchase account

Packaging charge is indirect expense, which will be included in the Profits & Loss account as debit side entry.
But if shown in purchase invoice then added to cost of purchase


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register