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consumable stores in mfg conern.

This query is : Resolved 
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(Querist)
11 November 2009 Dear Sir,

Define consuamble stores.

vat can be refundable on consumable stores.

its purchase and closing stock shown in trading and balace sheet or not under income tax act.

nut, bolt, arddite is consumable stores or not.

plz reply.
.....................
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RAKESH kumar

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RAKESH kumar (Querist)
11 November 2009 8 PM [Shankar Sharma] its yr assets which u use many times according to your machinery reqrmwnt
4:29 PM [Shankar Sharma] means Tools/Spares/Lubes/Grease to mantain machinery
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