Stock in trade in form 3cd
This query is : Resolved
13 August 2014
I am pleased to know about the calculation of stock-in-trade for stock-in-trade/turnover ratio in Form-3CD.
Reply ASAP.
Thanks in Advance
Reply ASAP.
Thanks in Advance
15 August 2014
The term stock in trade would include only finished goods and would not include the stock of raw material and work-in-progress since the objective here is to compute the stock-turnover ratio.
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It does not include stores&spare parts also
.
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It does not include stores&spare parts also
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