Section 10 in The Bureau of Energy Efficiency (Form of Annual Statement of Accounts and Records) Rules, 2007
10. Foreign Currency Transactions
10.1Transactions denominated in foreign currency are accounted at the exchange rate prevailing at the date of the transactions.10.2Current assets, foreign currency loans and current liabilities are converted at the exchange rate prevailing as at the year end and the resultant gain/loss is adjusted to cost of fixed assets, if he foreign currency liability relates to fixed assets, and in other cases is considered to revenue.
