Please refer following link for more details
For Ind AS
https://www.icai.org/post.H T M L?post_id=3562
For GST
https://idtc.icai.org/certificate-course-gst.H T M L
Fixed Asset A/c Dr 55000
To Bank A/c 55000
All costs incidental and preceeding to bring the asset to use must be added to the cost of the asset.
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