Import purchase
This query is : Resolved
16 July 2012
sir,
plz suggest me reference site or kindly explain me the procedure related to import and accounting treatment of the same
1. how will we treat import duty paid and other expenses related to import like destuffing charges, storage charges, detention charges etc in accounts.
2. why the amount entered in the delivery note deffer from bill of entry
in VAT return purchase are entered from delivery note. that amount is entirely different from bill amount.
3. how DELIVERY NOTE amount calculated
4. How we we can tally purchase as per VAT return and Purchase as per accounts.
5. how we can treat exchange dereference (purchase date rate- Payment date rate) in party account.
plz suggest me reference site or kindly explain me the procedure related to import and accounting treatment of the same
1. how will we treat import duty paid and other expenses related to import like destuffing charges, storage charges, detention charges etc in accounts.
2. why the amount entered in the delivery note deffer from bill of entry
in VAT return purchase are entered from delivery note. that amount is entirely different from bill amount.
3. how DELIVERY NOTE amount calculated
4. How we we can tally purchase as per VAT return and Purchase as per accounts.
5. how we can treat exchange dereference (purchase date rate- Payment date rate) in party account.
18 July 2012
read links:
https://www.caclubindia.com/forum/accounting-entries-nbsp-nbsp-of-import-20.asp#.UAZVP5E-1tg
https://www.caclubindia.com/share_files/export-import-procedures-in-custom-in-india--41725.asp#.UAZV8JE-1tg
https://www.caclubindia.com/forum/accounting-entries-nbsp-nbsp-of-import-20.asp#.UAZVP5E-1tg
https://www.caclubindia.com/share_files/export-import-procedures-in-custom-in-india--41725.asp#.UAZV8JE-1tg
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
- Capital gain from sale of house property
- TDS on Purchase of Immovable Property by NRI from NRI
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Before GSTAT- APL-02 Vs APL-04
- Annual return in Gst
- Transporter Declaration form
- Multiple trade mark
- FORM 26A APPLICABILITY
- LC charges in relation to Asset purchased should be Capitalised ?
- Opting our of sec 44AD
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
