Case laws on retail method of inventory valuation

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Querist : Anonymous

Querist : Anonymous (Querist)

15 September 2011 Apart from principle item of inventory, is there any need to maintain stock register for remaining item..

CMA Ashutosh Kumar Gupta (Expert)
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15 September 2011 Need is obvious from Controlling point of view apart from statutory requirements e.g., Excise law and procedures, etc.

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