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Disclosure of Exchange Difference on sale of Goods as per revised schedule VI, Accounting - Auditing

Issue Id: - 4521
Dated: 14-8-2012
By:- Siraj Shaikh

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


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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 ?

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Showing Replies 1 to 1 of 1 Records

Page: 1


1 Dated: 20-8-2012
By:- CA GOPALJI AGRAWAL

Exchange difference attributable to borrowings costs can only partake the part of finance cost not otherwise like in the case of sale of goods.


Page: 1

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