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Average Acqisition Cost 2023-24

The Food Corporation of India has issued Circular No. 1368/Acctts detailing the Average Acquisition Rates for various commodities for the year 2023-24, which are to be used for regularizing transit and storage shortages. The circular also states that Circular No. 1233/Acctts will be discontinued starting from FY 2024-25, and new rates for gunnies and HDPE bags are provided. This information is essential for unit offices to ensure proper accounting practices.

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239 views1 page

Average Acqisition Cost 2023-24

The Food Corporation of India has issued Circular No. 1368/Acctts detailing the Average Acquisition Rates for various commodities for the year 2023-24, which are to be used for regularizing transit and storage shortages. The circular also states that Circular No. 1233/Acctts will be discontinued starting from FY 2024-25, and new rates for gunnies and HDPE bags are provided. This information is essential for unit offices to ensure proper accounting practices.

Uploaded by

athmaseelan
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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FCI HQ-Accton(11)/v2024-ACCT I/1455547/2024

Food Corporation of ndia

FCIHQ-Acct011(11)/1/2024-ACCT Date:Approved Date

CIRCULAR No, 1368LAcctts


In continuation of Circular No. 1352/ACCTS dated 18.08.2023 the Average
Acquisition Rates for the year 2023-24 for the purpose of regularisation of Transit
action
and Storage Shortages by unit offices are as under for the further necessary
by the Unit Offices:
Rates per Qntl. for the year 2023
COMMODITY 24
2270.92
Wheat Indg. ()
2354.87
Wheat Luster Lost () 3586.06
Rice Indg. Gr "A" (0) 2654.62
Rice Indg. Common (1)
3620.51
Rice Fortified Grade "A ()"
3489.08
Rice Fortified Common ()
2432.00
Paddy Grade "A"
2312.61
Paddy Common 6224.18
Arhar/Tur PSF ()
5549.75|
Gram PSS () 2752.45
BAJRA (0) Rate per Bag
COMMODITY
63.77|
New Gunnies (0)
25.89
old Gunnies () 24.35|
HDPE Bags New (0)
14.77
HDPE Bags Old ()
above, it is also to inform that Circular no. 1233/Acctts dated
In addition to
2024-25 and henceforth previous financial
02.05.2018 will discontinued w.e.f. FY HDPE Bags will be considered for
rate of Gunnies &
year average acquisition gunnies, internal consumption, gain and loss etc. of
accounting of released
Kumar
Signed by Sandeep
subsequent year.".
(SS0243674

*Hindi version follows.

Distribution:
IA&PV) in Headquarters/ Zones.
1. C.G.M (Cost/ Accounts/

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