Import purchase
This query is : Open
14 July 2012
sir,
plz suggest me reference site or kindly explain me the procedure related to import and accounting treatment of the same
1. how will we treat import duty paid and other expenses related to import like destuffing charges, storage charges, detention charges etc in accounts.
2. why the amount entered in the delivery note deffer from bill of entry
plz suggest me reference site or kindly explain me the procedure related to import and accounting treatment of the same
1. how will we treat import duty paid and other expenses related to import like destuffing charges, storage charges, detention charges etc in accounts.
2. why the amount entered in the delivery note deffer from bill of entry
14 July 2012
1. import duty paid is a expenses, and other associated expenses are also expenses and should be debited in p& l a/c
14 July 2012
ALL TAXES/ EXPENSES RELATED TO PURCHASES & WHICH IS NOT ADJUSTABLE ARE DEBITED IN DIRECT EXPENSES (TRADING ACCOUNT)
15 July 2012
sir
in VAT return purchase are entered from delivery note. that amount is entirely different from bill amount.
1 how DELIVERY NOTE amount calculated
2 How we we can tally purchase as per VAT return and Purchase as per accounts.
3 how we can treat exchange dereference (purchase date rate- Payment date rate) in party account.
in VAT return purchase are entered from delivery note. that amount is entirely different from bill amount.
1 how DELIVERY NOTE amount calculated
2 How we we can tally purchase as per VAT return and Purchase as per accounts.
3 how we can treat exchange dereference (purchase date rate- Payment date rate) in party account.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- ITC temporary reversal and reclaim
- TDS U/S. 194NF
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Applicable TDS rate for sale of property in Nov 2024
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
Trending Online Classes
CAclubindia
