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Here what is the meaning of net acquisition of valuables?

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Sri kanaga Varshini

Sri kanaga Varshini

CA Inter

1K+

02-Mar-21 11:37

34

Answers (2)

'Net acquisition of valuables' is the data on expenditures made on precious items like gold, gems, ornaments and precious stones etc, included under gross capital formation, as a separate category under â??produced fixed assetsâ?? (separately from the gross fixed capital formation (GFCF) and change in stocks)


sudha reddy

sudha reddy

Moderator

02-Mar-21 13:00

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