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Free of Cost Import Purchase entry with GST and Custom Duty
Somnath_52
Member Posts: 10
Hi,
What is the treatment for Free of Cost item purchase entry. I have import the item from foreign, 100 pcs item sent by my vendor free of cost. But for import i have to pay the GST and custom duty for that item value. Please suggest me what is the treatment.
Item cost - Rs. 50 per pcs (for GST and Custom)
What is the treatment for Free of Cost item purchase entry. I have import the item from foreign, 100 pcs item sent by my vendor free of cost. But for import i have to pay the GST and custom duty for that item value. Please suggest me what is the treatment.
Item cost - Rs. 50 per pcs (for GST and Custom)
0