High Seas Sales
This query is : Resolved
SUNIL KHURANA
(Querist)
12 November 2010
Dear Respected Member,
Please let me know the following two quaries in respect of High Seas Sales :-
1. At which date High Seas Purchase should be accounted in the books ? Whether it can be purchase inovice date or any other date later than purchase invoice date but before bill of entry date ?
2. At which date High Seas Sales should be accounted in the books ? Whether High seas Sales invoice date/ High Seas Agreement Date must be before the Bill of entry date?
Please let me know the following two quaries in respect of High Seas Sales :-
1. At which date High Seas Purchase should be accounted in the books ? Whether it can be purchase inovice date or any other date later than purchase invoice date but before bill of entry date ?
2. At which date High Seas Sales should be accounted in the books ? Whether High seas Sales invoice date/ High Seas Agreement Date must be before the Bill of entry date?
Ram Avtar Singh
(Expert)
12 November 2010
as per excise rule when material received it will take in Rg23a Part-I
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