Raw materials

Others 416 views 1 replies

We are a granite mfgrs, cutting stones in quarries and converted into blocks of granites and sold both domestic and export. Pls let me guide or suggest, what are the raw materials, which can be shown in books of accounts as per AS and Income tax act. We have both firm and pvt limited co. operations.

 

v.p.chandra sekar

Manager-Accounts,

Omega group of Companies,

Tiruchengode.

Replies (1)

Stone from Querying is termed as Raw Material.


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