21 February 2013
could u help me regarding the following issue its urgent pls.suggest me.
1.what date is to be booked as purchase in the books of seller in case of high sea sale.?whether it is on the date of agreement on the stamp paper or on the date of ware house bill of entry if it is issued in the name of high sea sale seller? 2.whether purchase is to be booked for exporters invoice value in dollars or for the sale amount made to high sea sale buyer(ie buyer of high sea sale)in indian rupees?