Accounting code for Interest paid on CD

[P Ovhal]

Dear Team,

What is the Accounting code for Interest paid on Customs duty?

[R MUTHURAJ]

Interest on Customs Duty can be paid through the following account:

 

Miscellaneous Duties - 0037 0073

AI Summary

Interest on Customs Duty to be Paid via 'Miscellaneous Duties - 0037 0073' Account Code A query was raised regarding the accounting code for interest paid on customs duty. The response provided indicated that such interest should be paid through the account labeled 'Miscellaneous Duties - 0037 0073.'