https://www.taxtmi.com/acts?id=20020 Principles and methods for determining the cost of utilities require each utility to be treated as a distinct cost object and measured for classification, assignment, presentation and disclosure in cost statements. Purchased utilities are measured at acquisition cost including directly attributable expenditure, while self-generated utilities are measured by direct material, direct employee cost, direct expenses and factory overheads, with additional distribution, administrative or marketing overheads depending on the nature of transfer or sale. Finance costs and imputed costs are excluded, distribution cost is included, and subsidies, credits, abnormal cost, penalties and damages are excluded or netted off as specified. en-us Fri, 11 Sep 2015 17:44:39 +0530 Thu, 23 Apr 2026 17:36:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=20020 Principles and methods for determining the cost of utilities require each utility to be treated as a distinct cost object and measured for classification, assignment, presentation and disclosure in cost statements. Purchased utilities are measured at acquisition cost including directly attributable expenditure, while self-generated utilities are measured by direct material, direct employee cost, direct expenses and factory overheads, with additional distribution, administrative or marketing overheads depending on the nature of transfer or sale. Finance costs and imputed costs are excluded, distribution cost is included, and subsidies, credits, abnormal cost, penalties and damages are excluded or netted off as specified. Act-Rules Companies Law Fri, 11 Sep 2015 17:44:39 +0530 https://www.taxtmi.com/acts?id=20020