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: Stocks must be valued at cost price or market price, whichever is lower. : Usually submitted or as specified in your loan sanction letter.
The statement must reflect your business's inventory and receivables as of a specific date (usually the last day of the month). canara bank stock statement form nf1003 pdf download full
: To declare the value of raw materials, work-in-progress, finished goods, and book debts. : Stocks must be valued at cost price