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Valuation of inventory

This query is : Resolved 
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(Querist)
18 May 2013 Whether interest on working capital is to be considered while inventory valuation?
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Ganeshbabu K

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Ganeshbabu K (Expert)
18 May 2013 no,
AS PER AS 2

All costs that are not related to putting inventory in the current location,condition should not be included in the cost of inventory,

so interest on working capital cannot be included in the valuation of inventory
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