MATERIAL COST
This query is : Resolved
25 November 2010
DEAR ALL
MATERIAL COST IS INCLUSIVE OF FINANCIAL COST OR NOT INCLUSIVE ?...
WITH ONE EXAMPLE
Purchase Rate Rs.100
Landing Cost Rs. 10
Freight Rs. 25
Finance Rs. 15
------
TOTAL Rs.150
======
Above the Example is Correct or Incorrect.
WITH THANKS
K A K
MATERIAL COST IS INCLUSIVE OF FINANCIAL COST OR NOT INCLUSIVE ?...
WITH ONE EXAMPLE
Purchase Rate Rs.100
Landing Cost Rs. 10
Freight Rs. 25
Finance Rs. 15
------
TOTAL Rs.150
======
Above the Example is Correct or Incorrect.
WITH THANKS
K A K
25 November 2010
As Per CAS 6--
Finance costs incurred in connection with the acquisition of materials shall not form part of material cost.
For Full CAS 6 in PDF, please give me your id i will mail you.
Finance costs incurred in connection with the acquisition of materials shall not form part of material cost.
For Full CAS 6 in PDF, please give me your id i will mail you.
25 November 2010
Dear Sir,
If Material Purchase Import and Same Material Purchase Local also, on this transaction finacial cost how to allocate.
WITH ONE EXAMPLE
with thanks
K A K
If Material Purchase Import and Same Material Purchase Local also, on this transaction finacial cost how to allocate.
WITH ONE EXAMPLE
with thanks
K A K
25 November 2010
https://www.icwai.org/icwai/docs/CASB/CAS_6.pdf
See this link for details.
See this link for details.
26 November 2010
DEAR SIR,
COSTING FORMAT:
I WANT COSTING FORMAT FOR DIECASTING MANUFACTURING COMPANY
WITH ONE EXAMPLE
WITH THANKS
K A K
COSTING FORMAT:
I WANT COSTING FORMAT FOR DIECASTING MANUFACTURING COMPANY
WITH ONE EXAMPLE
WITH THANKS
K A K
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
- CLOSING STOCK QUERY
- Gst on travel by air for business purposes
- ITR-Capital Gain
- Taxation on Old jewellery sold
- Reporting in TDS return
- ITR 44AD SECTION
- Applicability of Books of Account for Commission Income (Sections 194D & 194H)
- Can a single LLP in India legally operate multiple unrelated businesses (Travel, Cloud Kitchen, Ecom
- Residential status of non resident
- GST ISD Query on various AMCs
- TDS refund Indemnity Bond
- ITC BENEFIT ON BROKRAGE PAID
- PF wage ceiling
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
