Re import entry
Querist : Anonymous
We sold Product A - 1500 Kgs (USD90000) of Rs.40,72,000/- out of that 400Kgs Product - A has been returned by the Party .
My Query is what is entry of Sales return at what amount?
Thanks in advance........
When you get back the books naturally flectuation imapact will be taken under consideration.
fistly booked the sale with $ rate mentioned in Bill of Entry .
when goods returned back . than you may booked on which rate you sold and difference of both rate will be taken in flectuation diff.
either you can booked on which rate you get the materials.
Both side are correct.
Thanks
Querist : Anonymous
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