In our manufacturing process we require a particular part X which is directly supplied by customer's vendor (under bill to ship to model).
While selling the finished goods we dont consider the value of X as it is borne by our customer.
What are the implications of this on valuation aspect or any other provision attracted like job work etc.?
Part X is purchased by our customer and directly supplied to our factory.
Saini Pati Shah & Co LLP, Chartered Accountants
Mumbai
CA Final
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Fytomax Nutrition Private Limited
Aurangabad
CA Inter
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