Stock in trade in form 3cd
This query is : Resolved
Jayant Sethia
(Querist)
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
Ganeshbabu K
(Expert)
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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