Easy Office
LCI Learning

Customs duty

This query is : Resolved 
Profile Image

Profile Image

(Querist)
25 August 2017 What is the treatment of customs duty paid on the purchase of a fixed asset.Should it be capitalized or written off as a revenue expenditure?
Profile Image

Dibin Divyakumar

Profile Image

Dibin Divyakumar (Expert)
25 August 2017 You should capitalise the customs duty paid on purchase of fixed Asset.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links