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April 2012

Navin Fluorine International Ltd. (31-3-2011)

By Himanshu Kishnadwala, Chartered Accountant
Reading Time 1 mins
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Revenue recognition: Revenue (income) is recognised when no significant uncertainty as to its determination or realisation exists. Turnover includes carbon credits which are recognised on delivery thereof or sale of rights therein as the case may be, in terms of the contracts with the respective buyers.

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