Valuation of return inventory by dealer (damaged / expired)

Hi all,

How to evaluate the returned inventory by dealer if it is returned in damaged (due to negligence / non maintenance) & in expired condition? should we have to give the credit on full value considering sales price or there any cutoff % on slaes price? is there any general ruling in this regards (especially in Pharmaceuticals Industries)?

thanks in advance

Replies (1)

U Should value it on its net relisable value...

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