rfd 01

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Querist : Anonymous

Querist : Anonymous (Querist)

02 December 2018 Dear Expert

1 my query related to RFD 01

first of all I should put taxable value as per commercial invoice or as per shipping bill fob value as clarified in twitter handle by CBIT in case of export with payment of tax

2. in case of Export without pay Invoice value should be as per commercial invoice or shipping bill as tax is nill in shipping bill however Taxable value is diffrent due to exchange rate

if i take as per shipping bill fob Value & invocie Vale value differ due to e xchange rate taken at different rate

should we should folllow same in gsr 1 of table 6

Please clarify

CA ANUBHAV

CA ANUBHAV (Expert)

02 December 2018 In my opinion you will put invoice value there as you have considered such value in your financial statements and returns as turnover.

Querist : Anonymous

Querist : Anonymous (Querist)

03 December 2018 But as per clarification on twitter handle it is mentioned that invoice value should match with shipping bill

CA ANUBHAV

CA ANUBHAV (Expert)

03 December 2018 Value in foreign currency will match from shipping bill....

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