Expenses to be capitalised


This query is : Resolved 

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

11 June 2012 Detention charges and demurrage charges shall not be capitalised, others mentioned above can be capitalised with the relevant fixed asset purchased

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