Export to Nepal
This query is : Resolved
Rohit Agarwal
(Querist)
21 January 2010
Suppose, we have exported some goods to Nepal amounting to Rs. 1 lacs and the payment has been received in INR.
WWhether, the disclosure relating to same has to be disclosed in Notes to Accounts to financial statements under the heading
"Earnings in Foreign Exchange", if yes then the model disclosure for the same quoting reference for doing the same.
WWhether, the disclosure relating to same has to be disclosed in Notes to Accounts to financial statements under the heading
"Earnings in Foreign Exchange", if yes then the model disclosure for the same quoting reference for doing the same.
26 January 2010
The earnings is not in foreign exchange and hence not required.
Rohit Agarwal
(Querist)
27 January 2010
not satisfied
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