Hello,
Is it possible to claim Customs Duty as an expense for the purpose of Income Tax? If yes, in which section? I'm referring tot he below mentioned duties:
1) Basic Customs Duty
2) Additional Customs Duty
yashsr (CA) (2285 Points)
04 July 2012Hello,
Is it possible to claim Customs Duty as an expense for the purpose of Income Tax? If yes, in which section? I'm referring tot he below mentioned duties:
1) Basic Customs Duty
2) Additional Customs Duty
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)