15 June 2010
Please Clarify the following issue "A Partnership Firm import goods from Afganistan paid Claring Charges to Custom House Agent & freight to local Transporter in India and includes such Clearing Charges & freight Charges in Purcahse"
Whether it sholud be included in purchase or not......
in my view it should be byfucated Clearing Charges & freight As A DIRECT Expenses.......
CAclubindia
