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Foreign Exchange AS 11

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(Querist)
11 April 2008
Respected Sir,

I had Paid Advance against Machinery on 30th Sep 2007

Machinery received on 13th Nov 2007 (Bill of Leading Date 13th Nov 2007)

Balance Payment made on 15th Nov 2007

Which Date foreign Exchange rate I have to apply As per Accounting Standard 11

With best regards,

Vilas
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CA Shailesh +91 9393926464

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CA Shailesh +91 9393926464 (Expert)
11 April 2008 For each payment made on different dates, respective rate is applicable

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