26 June 2011
1) Company purchase a machine , the purchase price includes Machine value + Excise duty + CST + Freight. please inform me the depreciation should be charged on the basic machine value or the total bill value .
2) Manufacturing company purchase a machine ,but production will be started after 3 months. Company has a two factory , the machine purchase for new factory.
26 June 2011
1) on the capitalized value the depriciation is available, it may be with freight or without freight. 2) depriciation available from the date of 1st trial production date.
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