Revised schedule vi

Trade Payables means the creditors whihc are created on account of carrying on the actual business activity,  so they are classifeid as Trade Payables.  For Instance if you are in the business of manufacturing garments, then the raw material purchased for preparing the garments would be a trade payable as it is created for running the business directly.

Other creditors for expenses are not created for the purpose of carrying on the business, but they are created as a result of non-trade activities to make the business run.  For instance electricity expense is incurred, because for running the machines power is requried.  Hence though these are not in the nature of trade they are incurred for running the business, so they should be classifed as 'Other Creditors' as per the revised Schedule VI

whether payable in respect of advertisement expenses is included in trade payable or not..?????