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Forward contracts comes under as-11 or as-30

This query is : Resolved 
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(Querist)
30 August 2012 Please guide,

My Company is a 100% EOU, entered in to fwd. contracts, to mitigate the currency fluctuation risk. These fwd contracts whether recorded as per AS-11 or AS-30?
Adv. thnx.
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CA Ayush Agarwal

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CA Ayush Agarwal (Expert)
30 August 2012 Foreign Exchange Fluctuation Book as Per AS11

&

Investment if Any Book as Per AS30.

Both are Applicable at The Same Time.

These are Not Substitute.
Both are Mandatory.

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