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Foreign exchange losses

This query is : Resolved 
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(Querist)
09 June 2015 pls clarify if foreign exchange losses for a importer availing buyers credit limit is operating expense or non operating expense. clarify with supporting pls.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
09 June 2015 Buyer's credit is for finance any expense connected with it is not operating expense but only a financing expense.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
09 June 2015 Buyer's credit is for finance any expense connected with it is not operating expense but only a financing expense.
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
09 June 2015 it is non operating exp in nature of finance.
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