Re: How do I categorise Import Duty and Import VAT expense?
Welcome to the Community Naren and thank you for your question.
Would this be a 100% VAT transaction you are trying to record? We would always suggest speaking with an accountant as to how to reflect these transactions in your account as to which account to post them against this article here for 100% VAT may help.
Please let us know if there is anything else we can help with.