Disclosure of Exchange Difference on sale of Goods as per revised schedule VI

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....isclosure of Exchange Difference on sale of Goods as per revised schedule VI<br> Query (Issue) Started By: - Siraj Shaikh Dated:- 14-8-2012 Last Reply Date:- 20-8-2012 Accounting - Auditing<br>Got 1 R....

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....eply<br>Companies Law<br>Dear Collegues, As per the revised schedule VI, the exchange difference on sale of goods be treated as part of Finance Cost or Other Expenses ? Reply By CA GOPALJI AGRAWAL:....

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.... The Reply: Exchange difference attributable to borrowings costs can only partake the part of finance cost not otherwise like in the case of sale of goods.<br> Discussion Forum - Knowledge Sharing ....