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Former Member
Jun 27, 2008 at 07:03 AM

Reg-Scrapping

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hi experts,

I got a problem regarding scrapping. We manufactured

a product which costs Rs 8,00,000/-. But due to some quality problems now that product has no use and it should be scrapped. Already we closed the accounts. Without any financial effect how can we scrap that product with zero value. Now it included in the finished goods inventory. please help me.

Thanks & regards

Jay