I want to know what Journol entry should pass when we purchase DEPB from a party and use it for custom duty payment
1 when we purchase DEPB
2 when we paid custom duty
Is this entry is correct please suggest me
when purchase depb
depb a/c dr
party a/c cr
when duty payment
custom duty dr
depb a/c cr
Dear frnd
First of all tell wht typ of duty u hv pd,basically following duties are involved(entry would be type of duty due credit available
BCD, CVD ,Custome
| Originally posted by : Inderjeet Singh | ||
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Dear frnd First of all tell wht typ of duty u hv pd,basically following duties are involved(entry would be type of duty due credit available BCD, CVD ,Custome |
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dear friend we use depb for paid 100% custom duty
CAclubindia
