Expiry returns
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 June 2014
For Pharmaceutical Company, while the prepartion of Cost Sheet, whether expiry returns (2-3 years old) which are to be destroyed, should be deducted while calculating the total sales or what other treatment should it be given?
What will be the treatment from accounting point of view?
What will be the treatment from accounting point of view?
17 June 2014
there is 2 different question can be taken , here, return of sales due to expiry will not affect your cost sheet,since it will be happening after sales. only accounting treatment, need to consider as sales return
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Regarding appeal to GSTAT
- LC charges in relation to Asset purchased should be Capitalised ?
- Value of property in capital gain
- Form 121 & TDS deduction
- Copyright software
- SALE OF MOTOR CAR BY REGISTERED INDIVIDUAL
- Regarding TDS Applicability For Director Remuneration
- Multiple trade mark
- Transporter Declaration form
- Opting our of sec 44AD
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
