Forex import export service
This query is : Resolved
Quick Summary
09 January 2023
1.We are exporting services to U.S and raising the invoice in usd...kindly tell from where to take foreign exchange rate in case of export of service.
2. We are importing services from European country. Recieving invoice in Euros. Kindly tell from which site or place to see forex. Inr
2. We are importing services from European country. Recieving invoice in Euros. Kindly tell from which site or place to see forex. Inr
CA R SEETHARAMAN
(Expert)
09 January 2023
SBI buying rate for exports and SBI selling rate for imports applicable.
https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.sbi.co.in/documents/16012/1400784/FOREX_CARD_RATES.pdf&ved=2ahUKEwjh5Yjdsbr8AhUxTGwGHbY-ByYQFnoECCsQAQ&usg=AOvVaw35ygHXcxqrqJflRdgeWdpt
https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.sbi.co.in/documents/16012/1400784/FOREX_CARD_RATES.pdf&ved=2ahUKEwjh5Yjdsbr8AhUxTGwGHbY-ByYQFnoECCsQAQ&usg=AOvVaw35ygHXcxqrqJflRdgeWdpt
18 January 2023
I am not able to see all the back dates' forex card rates...for example my invoice relates to 31.12.2022. So I will book and see the forex rates of that date only...But link is only giving present rate not past archives.
CA R SEETHARAMAN
(Expert)
18 January 2023
Search Google you will get it.
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
- Gst registered proprietorship firm
- TDS Challan - change of FY 2025-26 to TY 2026-27
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- SALARY CAN BE CAPITALIZE
- TDS on purchase of under construction property from a reseller
- GST Intimation due to Government took possession of Business Premises under PPE Act
- Non filing of I T Returns
- TDS on Fixed Assets purchased
- Clarification Requested: Gift → NRO → NRE → Overseas Transfer - USA/CANDA (FEMA & Tax Compliance)
- GST on Renting godown to KFCSC for Storage of Raagi
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
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
