Financials for India - EBS (MOSC)

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How to comply Ind AS 20 in Oracle EBS 12.2.10

in Financials for India - EBS (MOSC) 2 commentsAnswered

Hi Team,

Our Indian Client is setting up a new plant and would be receiving will capital assistance from Central Government to the tune of 50% of its capex and from State Government to the tune of 20% of its capex over the project period of 5 years. plus State Government will provide subsidized Power by ₹ 2 per unit for 10 years and supply potable water at a reduced price of ₹ xx per cu.mtr.

Types of Assistance: Subsidy is provided by Central Govt and State Govt on Construction, utilities and Equipment cost over five years period being the primary condition for setting up plant facility-

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