Raw Material Holding period in Seasonal Industry like rice mill
This query is : Resolved
22 September 2022
Raw material Holding period( In days) is Avg Raw Material/ Ram material Consumption per day.
My query is related to denominator. In case of a rice mill which runs for 225 day in a year, so in denominator while calculating Raw material Consumption per day, whether 225 or 365 will be divided from annual raw material consumption for arriving at Raw Material Consumption Per day.?
Regards
My query is related to denominator. In case of a rice mill which runs for 225 day in a year, so in denominator while calculating Raw material Consumption per day, whether 225 or 365 will be divided from annual raw material consumption for arriving at Raw Material Consumption Per day.?
Regards
22 September 2022
225 will be divided from annual raw material consumption for arriving at Raw Material Consumption Per day.
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
- CAPITAL GAIN BASE ON NOTIFICATION
- Form 140 tds
- Taxable or Tax exempt
- ADVANCE PAYMENT OF ADVOCATE
- NRI starting business in India
- ITDS U/S.194T of Firm
- CREDIT NOTES WITHOUT GST
- GST not cancelled by tenant
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- FORM 141 SDV query
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
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
