When to book import purchase?

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Querist : Anonymous (Querist)
20 August 2012 when import purchase is to be booked ?
1. when goods are arrived in india ?
2.when goods are arrived at port of india
3.on the base of bill of entry
4.when goods are received in the warehouse of the client.

20 August 2012 When the obligation to pay is created. The terms and conditions of contract play the main role.


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