Purchase of ropes falls under which expense head

Help me Finding Purchase of ropes falls under which expense head

 

Replies (4)
Quick Summary
This discussion clarifies how to categorise the purchase of ropes for accounting purposes. Generally, if ropes are used in production or the factory, they are considered a direct expense. Otherwise, they fall under indirect expenses. The specific category, such as accessories or miscellaneous expense, depends on the intended use, with miscellaneous expense being a common classification. It's also noted that GST is applicable on rope purchases.

If Expense related to production or factory then purchase of rope will be under Direct Expense otherwise same will be under Indirect Expense .

Thanks but i want to know the category of the expense,will it fall on accessories category or miscellaneous Expense or what.

Depends upon what purpose you made this Expense ?.

You can Show under  miscellaneous  expense  However  GST is applicable  on ropes  . 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
07 October 2026
Senior Account Manager

Amplio Invest

Mumbai

M.Com

View Details
Company
ARTICLESHIP 29 October 2026
Article Assistant (CA Inter / CMA Inter) - Thrissur

Varma Raja & Associates

Thrissur

CA Inter

View Details
Company
ARTICLESHIP 23 October 2026
CA Articleship / Article Assistant

M N Rao & Associates LLP

Vijayawada

CA Inter

View Details
Company
30 October 2026
Asst Manager Accounts

Goodwin Pumps India Pvt Ltd

Chengalpattu

CA Inter

View Details
Company
14 October 2026
Accountant

Rize.farm

Bengaluru

B.Com

View Details
Company
28 October 2026
Assistant Director/ Associate Director-Finance & Accounting

Krea University

Chennai

CA

View Details
Company
ARTICLESHIP 07 October 2026
Article Trainee/ CMA Trainee

RMA And Associates LLP

New Delhi

CA Inter

View Details
Company
08 October 2026
Account Executive

Elite Taxation

New Delhi

CA Foundation

View Details