📌 : Some branches require the stock statement to be audited/certified by a Chartered Accountant (CA) if loan amount exceeds a threshold (e.g., ₹5 crore).
Ready-to-sell stock, valued at cost or market price (whichever is lower). 2. Sundry Debtors (Receivables)
: Stocks should generally be valued at cost price or market price, whichever is lower. Canara Bank Stock Statement Form Nf-1003 Pdf Download
Submitting your stock statement by the stipulated due date—usually by the 7th or 10th day of the following month—is crucial for seamless business operations.
List the descriptions of major stock items, quantities, unit rates, and total values. 📌 : Some branches require the stock statement
If you are unable to download the form from the Canara Bank website, you can try the following alternative methods:
The form requires a breakdown of your business assets in thousands of rupees: : Raw Materials : Basic materials used for production. Sundry Debtors (Receivables) : Stocks should generally be
Ready-to-sell products, valued at cost price or selling price (whichever is lower, less profit).
The assets detailed in the form are your exclusive property.
: Opening stock, purchases/additions, sales/movements, and final closing stock for raw materials, work-in-progress, and finished goods.
: A signed statement confirming the goods are your property and the information is true.