valuation of closing Stock

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..... As per the IT Act we are adding the excise duty and vat duty paid for bringing the raw-materials within our factory and on the goods manufactured from the Inputs. As such the Clsoing Stock Value goes .....

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..... to include the value of the goods+excise duty+vat/cst. Then we are showing the balancing figures of CENVAT in our Current Assets sides. As such, there is the double implication in the Assets side on .....

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..... ce we adding the C.E. + Vat on the Rawmaterials + Finished Goods and once again the we are showing the balancing figures of the C.E. and Vat under the Current Assets side. So Please suggest what and h .....

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..... ow we should prepare the Balance Sheet so that there is no double implication of the same. - Reply By MARIAPPAN GOVINDARAJAN - The Reply = Whether you have got clarified in the above issue? If not .....

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..... please inform. - valuation of closing Stock - Query Started By: - sharvan khanna Dated:- 9-4-2014 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an exp .....

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..... ert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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