Entry for Export Sales

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VISHAL (Querist)
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08 April 2011 Goods are removed from factory and handed over to the custom dept. 30/03/11. as against the same transaction, bill of entry passed before 31/03/11 by the custom dept. Now, Bill of lading issued by the shipping company dated 04/04/11.

whether we can take export sales for the goods removed from factory on or before 31/03/11 and bill of entry also on or before 31/03/11 passed by the custom dept. but, BL / Airway Bill dated 04/04/11?????

or

shall we take goods removed from factory on or before 31/03/11 as goods in transit at cost price or market price whichever is less in our books of account and sales registered in the month of april 11?????

VISHAL

VISHAL (Querist)
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08 April 2011 Please reply to my query

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