Home / 
Valuation of Closing Stock u/s 145A: No Enhancement Needed for Semi-Finished Goods if CENVAT Credit Unavailable.
X X X X Extracts X X X X
X X X X Extracts X X X X
....Addition u/s 145A - valuation of closing stock - Since CENVAT is not available to the assessee then the enhancing the value of semi finished and finished goods in the closing are not warranted. - AT....
TaxTMI