Expenses to be capitalised
This query is : Resolved
SUNNY SEHGAL
(Querist)
10 June 2012
Sir,
Whether the following expenses are to be capitalised in respect to a manufacturing company.
Ex : Detention charges, Demurrage charges, Import warehouse charges, Packing charges on purchases, Fork lift charges etc
Whether the following expenses are to be capitalised in respect to a manufacturing company.
Ex : Detention charges, Demurrage charges, Import warehouse charges, Packing charges on purchases, Fork lift charges etc
11 June 2012
Detention charges and demurrage charges shall not be capitalised, others mentioned above can be capitalised with the relevant fixed asset purchased
Dhirajlal Rambhia
(Expert)
19 July 2023
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