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Querist : Anonymous

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Querist : Anonymous (Querist)
10 December 2009 I have lease agreement of land for 20 years. our business is crushing stone and after crushing we sell it. I am making CMA for that.
Please tell me What is cost of raw material.
If lease for land from there we take up stone first year is 43 lakhs.
Will be treat it as a assets or not and If not that there is not extra land for company.
Please show me right path at this condition
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Rasesh

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Rasesh (Expert)
12 December 2009 cost of raw material is the lease chares for land from there u take up stone.

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