Disclosure of Exchange Difference on sale of Goods as per revised schedule VI

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..... Disclosure of Exchange Difference on sale of Goods as per revised schedule VI
Query (Issue) Started By: - Siraj Shaikh Dated:- 14-8-2012 Last Reply Date:- 20-8-2012 Accounting - Auditing
Got 1 .....

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..... Reply
Companies Law
Dear Collegues, As per the revised schedule VI, the exchange difference on sale of goods be treated as part of Finance Cost or Other Expenses ? Reply By CA GOPALJI AGRAWAL .....

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..... : The Reply: Exchange difference attributable to borrowings costs can only partake the part of finance cost not otherwise like in the case of sale of goods.
Discussion Forum - Knowledge Sharing .....

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