Dear Mr.Ramakrishnan,
I am Jay from Thaiman Industries,
Our accounting department would like to get clarified on the Insurance that we have made on the machinery/ Vehicle & Raw material.
If we are applying for the Claim ( Upon the clause of Insurance), we would like to know the claim is made on the purchase price (or) the depreciated value.
Appreciate your reply on this
Thanks & Regards
Jay
THAIMAN INDUSTRIES CO LTD