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Machine Cost

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21 April 2009 If A Company Import machineary and for duty payment utilization EPCG licenance then import machine duty free

Queary regarding machine cost which are depreciable inclueding Liceancy value...?
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CA CS CMA Srinivasan N

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CA CS CMA Srinivasan N (Expert)
21 April 2009 Dear Manoj,
Please post your query clearly.

Regarding your first doubt, the License benefit should not be capitalized as the cost also comes down to that extent.

Second part I am unable to understand. You may mail me at srini.ca@gmail.com

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