Urgent query

340 views 1 replies

MY QUERY IS THAT IF A INDIAN COMPANY BUYS AND SELLS MATERIALS 

OUTSIDE INDIA.(i.e purchased outside and sold outside india)

1.what is the term used for such transaction.

2. what are the compliances to be made.

3.  what are the requirements e.g reporting,compliances 

4.any other applicable condition 

Replies (1)

1. Integral Foreign Operation

2 , 3 & 4 :     Refer AS 11 : The Effects of Changes in Foreign Exchange Rates

 


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