Clearing house agent - accounting - tds

AGNIHOTRAM RAM NARAYANA (JR EXECUTIVE) (119 Points)

04 January 2013  

sir,

 

in cha (clearing house agent) we render services by paying different kinds of expenses like customs duty, freight charges, edi, scanning, fumigation charges on behalf of our clients and charge some amount of charges towards our services.

so, can u plesae explain me about how to account these things in clearing house agent books. (i.e., should all these expenses be treated as income alongwith services charges charged by the clearing house agent).

 

regards and thanks in advance,

 

ram narayana agnihotram