Help me Finding Purchase of ropes falls under which expense head
Menu
Purchase of ropes falls under which expense head
Replies (4)
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 .
Recent Threads
- Freelance Accounting Services – Work From Ho
- Spom exam doubt
- GST RCM on contractual consultant who works as lik
- Anyone registered for Spanish Language Course -ICA
- 54EC Capital Gains Tax Bonds
- We have bought MS Angles etc., and fabricated it t
- ICAI Scholarship
- GSTR-9 filling
- Intraday trading under presumptive
- Itc04 rorm date error
Related Threads
CAclubindia
