Hello Expert,
can you please confirm the treatment of freight cost incurred from plant to Depo as part of Inventory cost or need to charge it to P&L as and when incurred?
According to me it needs to be Inventoried as definition says "present condition & location".
Thanks in advance.
Ashish
Yes it is included in the inventory
Boutique Investment Bank & Transaction Advisory Firm
Gurgaon
CA
View Details
Shyam Joshi & Associates
Pune
B.Com
View Details
SMJ global advisors pvt ltd
New Delhi
B.Com
View Details
O P Bagla & Co LLP
New Delhi
CA Inter
View Details
R P S K & Associates
Nashik
CA Inter
View Details
CAclubindia
