EXPORT PROCEDURE OF COMPANY
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
08 August 2010
HI
RESPECTED MEMBERS
CAN ANY ONE GIVE ME PROCEDURE OF EXPORT SALES
I AM VERY CONFUSED WHAT TO DO FOR EXPORT SALES.
AND I AM DOING TAX AUDIT OF PVT. LTD. IN SUCH COMPANY SALES ARE RECORDED AS FOLLOW:-
1.QUANTITY IS RECORDED FROM EXCISE INVOICE
2.RATE IS RECORDED FROM SHIPING BILLS
AND AT THE TIME OF PAYMENT FOREIGN EXCHANGE RATE INCOME OR LOSS IS CONSIDERED.
WHETHER IS IT CORRECT?
AND PLEASE EXPLAIN THE PROCEDURE OF EXPORT SALES
THANKS
IN ADVANCE
RESPECTED MEMBERS
CAN ANY ONE GIVE ME PROCEDURE OF EXPORT SALES
I AM VERY CONFUSED WHAT TO DO FOR EXPORT SALES.
AND I AM DOING TAX AUDIT OF PVT. LTD. IN SUCH COMPANY SALES ARE RECORDED AS FOLLOW:-
1.QUANTITY IS RECORDED FROM EXCISE INVOICE
2.RATE IS RECORDED FROM SHIPING BILLS
AND AT THE TIME OF PAYMENT FOREIGN EXCHANGE RATE INCOME OR LOSS IS CONSIDERED.
WHETHER IS IT CORRECT?
AND PLEASE EXPLAIN THE PROCEDURE OF EXPORT SALES
THANKS
IN ADVANCE
09 August 2010
According to me it is advisable to go through the last audit report and AS-11. From these 2 you will be able to find the solution.
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
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- STCG....................................................
- TAN for Partnership
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Sales return eway bill
- Treatment of Pension ?annuity returns on PMVY
- GST ON DAMAGED GOODS
- Long Term Service award taxability in hands of company
- Loan by Partnership Firm
- REGARDING GST LIABILITY/....
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- 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
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
