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valuatoin of empties as per as2

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(Querist)
21 April 2008 how should v value containers & packages coming along with raw materials if a company intends to sell them,and how they should be disclosed in balancesheet & values as per AS2?
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Amit Sharma

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Amit Sharma (Expert)
22 April 2008 Containers & Pakages should be treated as inventories under diff line item. This is according to ICAI.

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