One of your most important small business expenses is inventory. If you manufacture goods, your inventory count will include goods in progress and finished goods. You must know how to value your ...

Assessing the cost of inventory may be a simple process for retailers. Conversely, for manufacturers knowing the cost of finished goods in inventory involves inclusion of cost from the initial raw ...

For any commodity it is universally true that raw material availability, its quality and price provide fundamental basis for the pricing of the finished products. Any risk associated with the input ...

Andriy Blokhin has 5+ years of professional experience in public accounting, personal investing, and as a senior auditor with Ernst & Young. Thomas J. Brock is a CFA and CPA with more than 20 years of ...

The All-India Rubber Industries Association (AIRIA) wants the Centre to change the inverted duty structure for the industry wherein import duties for finished goods are lower than the raw materials, ...

This decision of the EU General Court shows that raw material goods and manufactured/finished products are most likely to be dissimilar due to differences in nature, purpose and distribution channels.

The Central Board of Indirect Taxes and Customs (CBIC), in a circular dated May 17, notified the amendments related to job-work which were announced in this year’s Budget and made effective from ...