Import purchase and export sales
Querist : Anonymous
we work in this above link.
we import from same party and export to the same party under custom notification 56/2000. so as per accounting purpose will this come in export sale and import purchase or just a labour sale.
Querist : Anonymous
For example
If I import the gold of 100000/-USD and export to same party in 125000/- USD
Then I pay 100000 to the import party and he also pay me 125000 for export
So it's should consider as trade or Labour sir
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