Question ID :
40633
Asset Classification
Dear All,
Please suggest whether Civil Structure which is an integral part of Plant & machinery Should be classified as plant & machinery or under factory Building . Please reply asap
Posted by
KOSAL AGARWAL
on
Apr 23, 2020
Filed Under
IFRS
Yes for installation of plant & Machinery most of the times require civil structure, which is integral part of Plant and Machinery not treated as building
Posted by
Hari Beldona on
Sep 09, 2021