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19 (A). INVENTORY VALUATION ( at the end of the year).

Particulars

Basis of valuation

Current Year

Previous Year

 

 

Qty.
(unit)

Rate
(Rs)

Amount
(Rs.)

Qty.
(unit)

Rate
(Rs)

Amount
(Rs.)

1. Input material.

 

 

 

 

 

 

 

(i) Purchased

 

 

 

 

 

 

 

- Indigenous

 

 

 

 

 

 

 

- Imported

 

 

 

 

 

 

 

(ii) Self manufactured

 

 

 

 

 

 

 

2. Chemicals, additives and consumables

 

 

 

 

 

 

 

3. Stores and spares

 

 

 

 

 

 

 

4.Packing materials

 

 

 

 

 

 

 

5.Tools and implements and Jigs, Dies and Fixtures.

 

 

 

 

 

 

 

6.Work in-progress.

  1. Material cost
  2. Conversion cost

(details to be given)

 

 

 

 

 

 

 

7. Finished goods.

  1. Unpacked
  2. Packed

 

 

 

 

 

 

 

8.Scrap / wastage

 

 

 

 

 

 

 

9. Others, if any

 

 

 

 

 

 

 

10. Total value of inventory as per cost accounts

 

 

 

 

 

 

 

11. Total value as per financial accounts

 

 

 

 

 

 

 

12. Reasons for major differences, if any

 

 

 

 

 

 

 

Notes:

(1) In respect of item at Sr. No. 1 and 6 details be furnished in respect of each major input material constituting at least 2% of the total material cost.

(2) In respect of items at Sr. No. 2 to 5, total amount be given without any quantitative details.

(3) Give in brief the method of inventory valuation system indicating the elements of cost included therein and the extent thereof.

(4) Capital work-in-progress to be shown separately.

 

 

 

 

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