Import- Booking
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 October 2010
We have pd $ 5000.00 @ 48.00 in advance against Import on dt 16/08/2010
Import Bill of Entry Dt 25/09/10 $ 6000.00 @ 47.95. Can i book import @ exchange rate of bill of entry and then one entry of exchange rate fluctuation.
Or can i book import @ exchange rate of advance paid. Which method is right?
Import Bill of Entry Dt 25/09/10 $ 6000.00 @ 47.95. Can i book import @ exchange rate of bill of entry and then one entry of exchange rate fluctuation.
Or can i book import @ exchange rate of advance paid. Which method is right?
14 October 2010
It is better to book import at exchange rate of bill of entry and then one entry of exchange rate fluctuation.
15 October 2010
Agree with Rajan Ji
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