Foreign exchange losses
This query is : Resolved
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.
09 June 2015
Buyer's credit is for finance any expense connected with it is not operating expense but only a financing expense.
09 June 2015
Buyer's credit is for finance any expense connected with it is not operating expense but only a financing expense.
09 June 2015
it is non operating exp in nature of finance.
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