banner_ad

80IB

This query is : Resolved 
Profile Image

Profile Image

(Querist)
31 October 2009 i am having 2 80IB units and 5 non 80IB units

inventory is transfered from 80IB to non 80IB and vice versa

how to value inventory transfer between 80IB and non 80IB units.

how to maintain the stock whether at actual cost of the unit or at transfer price fixed based on market value at the date of transfer
Profile Image

M Prabhakar Menon

Profile Image

M Prabhakar Menon (Expert)
31 October 2009 Transfer of goods between any two units what ever be their status takes place as a sale/purchase the accompaning document being an invoice/bill/cash memo etc as per excise/vat requirements This is the cost for the purchasing unit. Valuation of closing stock is done at cost or market price whichever is lower.Secondly to maintain stocks you can choose any method to suit your need.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details