Encyclopedia
Assessment of finished goods inventory on the warehouse
The valuation of finished goods inventory on the warehouse is determined by the taxpayer as the difference between the amount of direct costs attributable to the balance of finished goods at the beginning of the current month, increased by the amount of direct costs attributable to the production output in the current month (minus the amount of direct costs attributable to the balance of work-in-progress), and the amount of direct costs attributable to the goods delivered during the current month1.
Tax Code of the Russian Federation, as amended on May 21, 2020, Article 319, paragraph 2 // Official Gazette of the Russian Federation. 2000. No. 32. Art. 3340. ↩