CST PAID ON FIXED ASSETS

This query is : Resolved 

05 May 2008 IS CST PAID ON FIXED ASSETS ADD TO COST OF FIXED ASSETS.
I THINK IT SHOULD BE ADD BACK TO COST
WHAT DID YOU THINK

05 May 2008 yes it is added to cost of fixed assets.

05 May 2008 Yes central sales tax paid on fixed assets is a part of cost.It may be also be noted that expenses incurred upto the installation of the assets will be part of the fixed assets value.




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