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Hi All,
We sell a product, which is returned to us due to statutory warranty. We provide a credit for the full selling price and take these devices back.
How should we value this stock?
If we decide to destroy these devices for spare parts- how do we value these?
Thanks
The stock initially came from Taiwan. The stock is replacement parts for in Warranty products. We move the stock from China to a central warehouse in Czech republic, where it sits. When the repair sites are low on stock and require replacement parts to fix products we then distribute the parts...
Hi Guys,
Can someone please explain the procedure of reclaiming import VAT for this situation.
Company A based in UK has stock sitting in a central warehouse in Czech (company B). The stock is moved from company B to company C, which is a warehouse in South Africa. The stock ownership is...