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CST PAID ON FIXED ASSETS

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(Querist)
05 May 2008 IS CST PAID ON FIXED ASSETS ADD TO COST OF FIXED ASSETS.
I THINK IT SHOULD BE ADD BACK TO COST
WHAT DID YOU THINK
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Jitender

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Jitender (Expert)
05 May 2008 yes it is added to cost of fixed assets.
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sunil

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sunil (Expert)
05 May 2008 Yes central sales tax paid on fixed assets is a part of cost.It may be also be noted that expenses incurred upto the installation of the assets will be part of the fixed assets value.




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