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Packing Materials

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15 Points Posted on 27 July 2018
Is packing materials can be added to inventory as per Ind AS 2?
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On 27 July 2018 at 15:54 Report
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Audit & Assurance
13864 Points Posted on 27 July 2018

Packing material will be part of Selling & Distribution cost.  It will be consumed and not shown in inventory.

118 Reply
On 27 July 2018 at 16:11
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Audit & Assurance
13864 Points Posted on 27 July 2018

Packing material will be part of Selling & Distribution cost.  It will be consumed and not shown in inventory.

118 Reply
On 27 July 2018 at 16:11
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"Do the Right Thing...!!!"
128147 Points Posted on 27 July 2018
Yes... As per Your books of Accounts or maintenance of stock details You can maintain the Packing materials under Stock...
463 Reply
On 27 July 2018 at 16:28


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