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Applicability of AS 11 to commodity contracts

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1. Are commodity forward contracts also to be revalued as per AS 11 i.e premium calculation to be done as done in forex hedeging??


2. what is the max period 4 wich a forward cover can be taken for forex hedging???...plz give me the relvant notification (if available)


 


 


 

Replies (1)
As -11 is not applicable for commodity contracts


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