Recording of Import purchase


29 December 2009

Question is for Import Purchase Data Entry:
(1)if the Bill of Entry date is 01.01.09 date of goods received at Godown is 07.01.09 on which date the purchase should be recorded?
(2)Exchange rate of Bill of Entry date is 47Rs/$ and on the date on which received at godown is 46Rs/$ which Rate should be taken...

Plz give reference of the ACT if any...

Rasesh (Expert)
29 December 2009

The date of Bill of entry in both cases

Padmanabh (Querist)
30 December 2009

kindly give the reference of the RULE to the ACT if any..... so that it gives me a clear idea about the aforesaid answer...

Padmanabh (Querist)
31 December 2009

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