At what rate should i book my export sale revenue
This query is : Resolved
11 January 2015
Dear Experts,
If i purchased Goods from New York (Say for 2000 $), at what rate sholud i book this revenue (i.e. at RBI spot rate or CBDT rate). How to check those rate ?
Kindly let me konw when i have to book revenue at RBI spot rate and at CBDT rate and also provide me any reference if possible for the same.
Thank you
If i purchased Goods from New York (Say for 2000 $), at what rate sholud i book this revenue (i.e. at RBI spot rate or CBDT rate). How to check those rate ?
Kindly let me konw when i have to book revenue at RBI spot rate and at CBDT rate and also provide me any reference if possible for the same.
Thank you
15 January 2015
For as 11 purpose either of those, though RBI is better as it is a daily rate as against the monthly rate in case of customs
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- EPF ECR NEW FILE SEP 17TH 2026
- Gst registered proprietorship firm
- Non filing of I T Returns
- SALARY CAN BE CAPITALIZE
- Capitalgain tax purposes for valuation report compulsory
- TDS on Fixed Assets purchased
- TDS on purchase of under construction property from a reseller
- GST Intimation due to Government took possession of Business Premises under PPE Act
- TAX AUDIT ON PROFESSIONAL INCOME
- Under marginal scheme
- Import of Software Service.
- Clarification Requested: Gift → NRO → NRE → Overseas Transfer - USA/CANDA (FEMA & Tax Compliance)
- GST on Renting godown to KFCSC for Storage of Raagi
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
