Invoicing
This query is : Resolved
Guarav Sharma
(Querist)
05 May 2011
Dear sir/ Mam kindly tell me in case of:
1. Invoicing by custom authority is done after taking into account exchange rate of date of billing .
OR
2. taking into account exchange rate of the day on which payment was made to bank for releasing the Bills of lading.
1. Invoicing by custom authority is done after taking into account exchange rate of date of billing .
OR
2. taking into account exchange rate of the day on which payment was made to bank for releasing the Bills of lading.
RAMESH KUMAR VERMA
(Expert)
05 May 2011
generally, DGFT provide incentive at the base of custom exchange rate at the time of exportation.
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