Export related
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
25 January 2013
DEAR SIR,
In the course of export of goods (e.g Suppose Commercial Bill amt is 5000 usd & custom rate is 55 Rs per $ for particular month where as as on date of recording sale Rate is 53 rs per $ then on which amount sale should be recorded in books of accounts?????
In the course of export of goods (e.g Suppose Commercial Bill amt is 5000 usd & custom rate is 55 Rs per $ for particular month where as as on date of recording sale Rate is 53 rs per $ then on which amount sale should be recorded in books of accounts?????
26 January 2013
THE RATE EXISTING ON THE DATE ON WHICH GOODS WERE DESPATCHED SHALL BE TAKEN AND NOT THE DATE ON WHICH SALE IS RECORDED IN THE BOOKS.
SO U HAVE TO BOOK THE SALE @ 55/-PER DOLLAR ONLY.
SO U HAVE TO BOOK THE SALE @ 55/-PER DOLLAR ONLY.
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