Exports

This query is : Resolved

venkata ramana (Querist)
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04 June 2014 Dear Sir, goodevening sir,

I WANT TO KNOW THE FOLLWOING DETAILS.

example: IAM STATED EXPORT COMPANY IN TAMILNADU AND PURCHASE LOCAL GOODS (AACHI MASALA) FROM TAMILNADU AND SAME GOODS EXPORTED BY ME,

KINDLY SUGGEST ACCOUNTING ENTRYS WITH FORMS MAY BE ISSUE TO SELLER (AACHI)

THANKING YOU

Amol S Joglekar

Amol S Joglekar (Expert)
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04 June 2014 Purchase a/c debit
to /supplier a/c
(For aachi masala purchase)

Customer a/c debit
to Export Sale
(For export sale)

venkata ramana

venkata ramana (Querist)
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06 June 2014 1.if i have purchased vat goods against H form from aachi masala tamilnadu(exporter and seller same state) then how they will raise bill with tax and i will issue form h to aachi

2. in tally i have to enter purchase entry, purchase a/c Dr (under purchase / intersate purchase)
Input tax a/c Dr
To Supplier a/c

Note: in tax coloum not avail against form h purchase,so can you give suggestion,how i can issue form h to suppliers)