Damaged stock refers to products in a company’s inventory that have become unusable or have lost value due to physical damage, expiration, defects, or other factors that negatively affect their quality and condition. This can occur in various contexts, such as:
- Physical damage: May result from exposure to unsuitable environmental conditions, such as humidity, extreme temperatures, light, or contamination.
- Expiration: Perishable goods like food and pharmaceuticals often become damaged once they surpass their expiration date.
- Technological obsolescence: In the case of technology, products may become outdated or undesirable due to shifts in consumer preferences or technological advancements.
- Damage during transport or storage: Improper handling, inadequate transport conditions, or poor storage practices can lead to physical damage of products.
- Damage from natural disasters: items destroyed or severely impacted by catastrophic events such as floods, hurricanes, earthquakes and fires.
Removal of non-salable inventory from accounting records
Expenses incurred for removing degraded goods from accounting records are tax-deductible when calculating corporate income tax.
VAT adjustment for non-salable inventory
According to current legislation, services paid to a recycling company for the destruction of goods are fiscally deductible.
Integrated waste management
We offer comprehensive and specialized solutions for the collection, disposal, and destruction of expired, damaged, counterfeit, confiscated, non-compliant, or specially regulated products.
Collection of electrical and electronic equipment
We provide integrated solutions for the efficient management of household and electronic waste, ensuring specific treatment for each category.