How can we value the empty cans/empty bottels which are laying in the stock.........?? what are the applicable standards/ASI
Menu
Valuation of Invenories
Replies (2)
hi,
Firstly see how material is it.........if it is material you can value them on NRV.
Hello Ramesh,
Please clarify whether the empty botteles/cans are reusable, i mean like beverages co. do.
If the bottles are reusable, then these cant be classified as inventory.
Recent Threads
- Form 26QB: Assessment Year Based on Payment Date o
- Revision of Tax Audit
- IT Return 2023-24
- LUT for Companies Using EVC and Not DSC?
- UDIN Generation 44ADA
- Working with a CA as an NRI: Proper Income-tax e-F
- Taxation on ETF
- Gstr9 8f is used for 2023-24 reversal
- Delayed filing of 26QB, and received a penalty off
- Notice Period Calculated for Transactions above Rs
Related Threads
CAclubindia
