04-11-2016, 12:04 PM
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Define Stock items non Stock items. Narrate the procedure of making a new item
as a Stock item.
Stock items
These are generally those items of the
stores having regular turn over caused
by constant demands by the user and
are stocked in stores depots.Genrally
these items are recoupled on the basis of
an annual review conducted on a time
table basis,taking up different groups of
items in different months thus spreading
the work around
These item have price list number and
regular purchase
Non stock items
These are the items,which are not
stocked and are not required
regularly>for the pupose of purchase of
non stock items the indenter shall
submit the requisition is standard
form.this include detailed specification
of the demande material>the
requirement of a non stock item costing
more than 40000 shall be got vetted by
the associuative finance and shall have
the approval of the competent authority
as per delegation of powers
These items does not have PL no.
resume occasionally