Menu
W.i.p
how to calculate W.i.p of a contractor??can he has to treat it as sale and to pay Vat??
Replies (1)
Dear Waquar Khan
As you have asked about the valuation of contractor work in progress (WIP) , As per scope of AS-2 , Valuation of inventries issued by ICAI , WIP of contractor not covered in AS -2 scope and it is depend on the well practise established in the indury.......
Recent Topics :
- Police Bandobost and GST Invoice
- Understanding where manual effort goes in audit wo
- Scanned purchase bills to Tally XML with GST check
- TDS applicability of foreign remittance to Oracle
- GSTR 9 LATE FEE
- Best Online Mock Test Series for CA Inter January
- COST OF IMPROVEMENT
- Pillows and Mattresses
- GST Applicability for Reg. / Un-Reg. Indian custom
- Amended GST Act & Rules
Related Topics :
CAclubindia
