Cif value of imports
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 May 2013
Hi,
we are importing fixed assets (plant & machinery) for our new factory, whether we have to disclose these fixed assets in note to accounts under cif value of import.
Pls check and confirm
we are importing fixed assets (plant & machinery) for our new factory, whether we have to disclose these fixed assets in note to accounts under cif value of import.
Pls check and confirm
CMA Ramesh Krishnan
(Expert)
23 June 2013
Yes, you can disclose the foreign exchange transactions
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