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capital expenditure

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20 May 2011 company is purchasing raw material for making plant, whether the frieght paid for getting the raw material should be capitalised or not. frieght chrged already included in the invoise issued by the supllier of raw material
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CA Amit Joshi

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CA Amit Joshi (Expert)
20 May 2011 Freight paid on raw material should be capitalized as it is part of new plant.

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