Entry for Export Sales


This query is : Resolved 

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?????

08 April 2011 Please reply to my query


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