Accountancy, asked by subrinadhanraj, 1 year ago

Custom duty on imported goods.
a) Revenue
b) Expenses
c) None

Answers

Answered by shreyatiwari14
1
Revenue or tax...i.e GST

hope it helps u
Answered by aashish2441
1
Custom duty is a variant of Indirect Tax and is applicable on all goods imported and a few goods exported out of the country. Duties levied on import of goods are termed as import duty while duties levied on exported goods are termed as export duty.

subrinadhanraj: But is it a Revenue or Expense
aashish2441: so you can write it revenue
subrinadhanraj: OhK. Thanks
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