Inventories defined and Rule 3 (5B) of CCR



INVENTORIES defined and read in terms of Rule 3 (5B) of CCR; Inventories are assets (current assets) which encompass a)RAW MATERIALS held for use in the production process or in rendering of services b)Stores, maintenance supplies, loose tools and consumables awaiting use
Daily Limit Reached

You have reached your daily limit of 2 Free Articles

Subscribe to CCI PRO for unlimited access

Why Upgrade to CCI PRO?
  • No Ads
  • WhatsApp Broadcasts
  • Daily E-Newsletter
  • Unlimited Articles Access
BEST VALUE
2 YEAR PLAN
3,499
(Inclusive of GST)
1 YEAR PLAN
1,999
(Inclusive of GST)
View all CCI PRO benfits

Already a PRO member? Login here for an ad-free experience.


14380 Views 1 Likes Comment   Share Excise   Report


About the Author

Sr. Manager Accounts

JSK (Jai Shri Krishna) --myself, Manoj Pala, an AICWA... currently working as a Sr. Manager AccountsinSIEMENS LTD.,Mechanical Drives Division in Kharagpur, West Bengal.

Comments :

Related Articles


Loading


Popular Articles





CCI Pro

CCI Articles

submit article