Accounting head for CHA bill

This query is : Resolved

RAKESH (Querist)
Follow

10 August 2021 Sir/madam
We have received the cargo clearing house bill and they have paid the stamp duty charges also ,

we want to know the proper accounting head for booking this bill and GST rcm also applicable on the reimbursement of stamp duty they have paid and what is the tds applicable on kind of bill.

Is this bill cost also include in the stock value .

please help us to reply on this .

Regards

thanks &

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

10 August 2021 The accounting head is cargo clearance charges.
TDS under section 194c at 2% applicable excluding stamp duty.
RCM not applicable on stamp duty reimbursement.