Treatment under IND AS for conversion of capital asset to inventory

What is the capital asset? A financial instrument or physical asset?

Mr. Sabyasachi confirmed it could be both and now it is simple.  Stock in trade? The assets like equipment is already stock in trade. If you look at PPE standard, it tells us what spares are warehoused and put into inventory eg nuts and bolts. What expenses are capitalised. etc

Now when you go through PPE standard, you will understand that you cant treat it under inventory right? Once you took stock as capital asset and used it for trading, its a capital asset. You need to use the disposal of non current assets assets and keep the machinery for sale under 'Held for sale' classification. I has a measurement like  lower of cost or FVLCS' and impairment is appplicable. It cannot be amortised or depreciated when in this classification. You can find additional details in MCA website. Same way, look in revenue recognition standard. As far as I can remember, there is no treatment specially mentioned for selling used goods.