ca final
72 Points
Joined July 2010
Anoop as u have said that it should have relationship with end product which is a gr8 pnt
so as hotel indus work is to give services to the customer and electrical equip like AC is a kind of service only
And one more point recently there was a news of govt charging service tax on AC ROOMS so from that point of view also Electrical items also be shown as purchases as service tax is charged on services only.
its my interpretation please correct me if i am wrong