Accounting standard-2 on "inventory valuation"

Inventory or stock refers to the goods and materials that a business holds for the ultimate purpose of resale.

Therefore from my point of view the cement that is being used to make a fixed asset (dptm.store ) and does not belong to the stock of materials from ordinary operation cycle it shold not be inculded in inventories.

Rather you can show it in the "Capital-work-in-progress" sub-heading under Fixed Assets in the BALNCE sheet.

Or you can put it under current assests as' other current assests '..