Revenue for Self Consumption of FG
This query is : Resolved
24 February 2021
Sir,
We are in Refractory manufacturing business. We have used some brick made by us for construction of Tunnel kiln from our Opening stock.
Please guide us how to account this.
Should we recognize revenue for this.
We are in Refractory manufacturing business. We have used some brick made by us for construction of Tunnel kiln from our Opening stock.
Please guide us how to account this.
Should we recognize revenue for this.
27 February 2021
Hi, it will be reduced from purchase and will be to the tunnel kiln. It will NOT have any impact on revenue.
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