Plz suggest me the procedure to verify export sale? along with that how would i able to come across custom exchange rates
Avinash Jha (AUDITOR) (36 Points)
04 July 2012Plz suggest me the procedure to verify export sale? along with that how would i able to come across custom exchange rates
Vivek Shah
(Practicing CA)
(63 Points)
Replied 06 July 2012
Export sales can be verifed by asking for a copy of bill of lading. it mentions the quantity, rate, address of the buyer and descripttion of goods. It should be sufficient.
Vivek Shah
(Practicing CA)
(63 Points)
Replied 06 July 2012
The custom exchange rate is mentioned on the customs website.
check the following link for the latest custom exchange rates:
https://www.cbec.gov.in/customs/cs-act/notifications/notfns-2012/cs-nt2012/csnt56-2012.htm
Avinash Jha
(AUDITOR)
(36 Points)
Replied 06 July 2012
thxs......
n wat mor document shoud be present with invoice
Vivek Shah
(Practicing CA)
(63 Points)
Replied 06 July 2012
you can check the LC to ensure that your client is going to get the money (if credit sale) or check the bank deposit (if paid in advance)
pravallika reddy
(articleship)
(305 Points)
Replied 11 July 2012
Procedure:
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