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accounting for Scarp/rubbish sale

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(Querist)
17 November 2008 Hi Friends,

please clear my doubt

for a 100% EOU company manufacturers of some machines want to sell the waste materials of woods, marbles & rubbish items which they used for constructing their plant.

do they need to raise a sale invoice and book it under other income or .....

please give the correct way of accounting
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Deepak Agrawal

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Deepak Agrawal (Expert)
17 November 2008 YES

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