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ravindra reddy goli   27 January 2020

EXPORTS ACCOUNTING

At what rate exports have to be recorded in the books of accounts. Whether at CBIC rate or Exchange rate available on that date ?



 2 Replies

CA Kiran Sutrave

CA Kiran Sutrave (CA)     27 January 2020

CBIC rate
ravindra reddy goli

ravindra reddy goli   27 January 2020

But in this illustration given by icai, it showing that the revenue recorded as per RBI rate/Reference rate available on that date


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