17 April 2010
Can Sale of material to sub-contractor be disclosed as Sale of material or should it be adjusted against consumption of raw materials in the regular course of business?
17 April 2010
AS 7 mentions specifically excess material sold can be adjusted against consumption of material. Is it ok if regularly material is sold to sub-contractor and he bills to party alongwith his labour charges and cost of material.
17 April 2010
AS 7 mentions specifically excess material sold can be adjusted against consumption of material. Is it ok if regularly material is sold to sub-contractor and he bills to party alongwith his labour charges and cost of material.
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