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Cost of import

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(Querist)
18 July 2015 I have imported some product from usa and paid transport and insurance charges rs.100000.
Whether these above to exps will be form part of purchase cost or to be shown as indirect exps in profit and loss account please suggest
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RAMESH KUMAR VERMA

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RAMESH KUMAR VERMA (Expert)
21 July 2015 YES PART OF PURCHASE.

KINDLY NOTED THAT THE CHARGES @ IMPORT WILL BE DEBIT IN P& L ACCOUNT.
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raushan kumar

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raushan kumar (Querist)
24 July 2015 Thanks for your valuable advice

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RAMESH KUMAR VERMA

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RAMESH KUMAR VERMA (Expert)
24 July 2015 Thanks for appreciate sir....


regards

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