Land cost - as 7
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
31 July 2011
Should land cost to be considered for the purpose of calculation of Contract Cost under AS 7?
01 August 2011
Land is generally purchased by the contractee and as such it may not form part of the cost of construction.
01 August 2011
I agree with the expert
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