Export sales turnover
This query is : Open
23 May 2018
Sir,
Export sales turnover means including freight or with out freight because Export invoice prepares freight charges also includes
Thanking you
Export sales turnover means including freight or with out freight because Export invoice prepares freight charges also includes
Thanking you
23 May 2018
No specific guidance has been provided by AS-9, however, amounts collected on
behalf of 3rd parties are not revenue.
behalf of 3rd parties are not revenue.
Message likes :
1 times
24 May 2018
Export Turnover : As per Explanation 2 (iv) to Section 10A, Export turnover does not include freight, telecommunication charges or insurance.
Message likes :
1 times
24 May 2018
Yes sir, similar definition can be seen,among others, in explanation(c) to section
80HHF of the Income tax Act,1961 as well.
80HHF of the Income tax Act,1961 as well.
Message likes :
1 times
24 May 2018
Sir,
Thank u for you reply, if the sellers pay freight charges as per CFR mentioned in Invoice and freight charges showing in invoice, what is effect, if it is not included in sales, what kind of expenditure we treat in profit & Loss A/c. And also GST
Thank u for you reply, if the sellers pay freight charges as per CFR mentioned in Invoice and freight charges showing in invoice, what is effect, if it is not included in sales, what kind of expenditure we treat in profit & Loss A/c. And also GST
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 2 Short Term gain & Long term gain
- Reporting Income under Section 44ADA
- Itr 1 processing
- Off Market debit and credit transaction
- Building and other construction workers welfare cess act 1996
- ITR validation error - Balance sheet is not filled
- ITR 1: Details for showing Exempt Income
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- Short Term Capital gain on shares bought and sold after 2018 onwards
- ITR returnFY25-26
- LIC Annuity received under Jeevan Akshay Scheme
- In Exports Sales HSN details where to fill
- Form 10BD Filling
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- 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
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
