plz tell me what is meaning of SKD(semi-knocked down) or CKD (completely knocked down) thanks in advance
CA CS CIMA Prakash Somani
(Landmark Group)
(23502 Points)
Replied 16 March 2009
CKD is the abbreviation for ‘Complete Knock Down’ whereas SKD is 'Semi Knock Down’. If the product is in CKD or SKD form it is not finished yet and needs some assembly processes.
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)