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Everything you should know about valuation of plant and machinery  and equipment 
https://www.storeboard.com/blogs/business/everything-you-should-know-about-valuation-of-plant-and-machinery -and-equipment /946030  
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To understand their business sales, turnover, insurance, auction and securing loan facilities, valuation is compulsory.Practising Valuers Association (India) is pleased to introduce Guidance Note on Plant and Machinery in addition to the Indian Valuation Standards after a prolonged deliberation by an active participation situated in various cities of India.