High Seas Sales

This query is : Resolved 

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?

12 November 2010 as per excise rule when material received it will take in Rg23a Part-I


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