EXPORT GOODS REJECT

This query is : Resolved

parmod (Querist)
Follow

14 July 2007 WE EXPORT GOOD IN F.Y.2006-07. BUT THE SAME HAS BEEN REJECTED BY CUSTOMER AND REHJECTION LETTER & COPY OF B/L FROM BUYER SIDE RECEIVED IN SAME F.Y.200-07. BUT BILL OF ENTRY DT.IS IN F.Y.2007-08. SO I WANT TO KNOW THAT IN WHICH F.Y.WE PUT ENTRY OF SALE RETURN. PLZ REPLY ASAP.

Rashesh Patel

Rashesh Patel (Expert)
Follow

14 July 2007 Dear Mr. Pramod

You Export Goods in F.Y 2006-07 and the same goods has been rejected by customer & all documents from buyerside received in F.Y. 2006-07 (in SAME Fin.YEAR). but u didnt received material in same financial year..if your material received in financial year 2006-07 you can put entry as sale return in the year 2006-07 but if u received material in financial year 2007-08 than u have to take sales return entry in financial year 2007-08.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok