Closing stock valuation of manufacturing concern

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

06 May 2012 I have multiple query regarding valuation of closing stock for a manufacturing concern:

1. Does following will be considered for
valuation of closing Stock:
(i) Depreciation
(ii) VAT
(iii) Excise Duty

2. What is the procedure to Value Closing
Stock of Finished Goods & Raw Material?

3. Can any one please provide me format
for stock valuation?

Request to please reply in full & don't give half answere as it is more confusing.

Very Thanks in Advance for giving time & support.

CA BIREN SHAH

CA BIREN SHAH (Expert)
Follow

07 May 2012 hey even i also want to know answer of this query.. i think we have to rely on valution done by management and also obtain certificate from management...