Export of services
This query is : Resolved
28 May 2017
A invoice is raised on 5th july 2017 for export of services. Payment is received in foreign exchange in Oct 2017.
When should an assessee declare the export
a) in the month of july when invoice is raised or
b) in the month of Oct when payment is received
c) what is the exchange rate to be adopted customs exchange rate or bank exchange rate
When should an assessee declare the export
a) in the month of july when invoice is raised or
b) in the month of Oct when payment is received
c) what is the exchange rate to be adopted customs exchange rate or bank exchange rate
28 May 2017
a) In the month of July when invoice is raised.
c) Adopt customs exchange rate.
c) Adopt customs exchange rate.
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
- Itr 1 processing
- Off Market debit and credit transaction
- Showing Gift from relative in ITR for this year
- Reporting Income under Section 44ADA
- ITR selection for salaries and capital gain less than L
- ITR 1: Details for showing Exempt Income
- ITR 2 Short Term gain & Long term gain
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- ITR returnFY25-26
- Share accounting-->fifo - capital gain - period as per fifo?
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
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
