Import acounting entries and refund

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how to pass entry when goods is imported outside the country by a trader who does not has excise registration?
how to record all the taxes in import?

also am i eligible for refund/credit of any kind of taxes which are invovled in imports??

please provide the entry under following example

assesble value 500000

Replies (1)

plz provide full details or documents  releted your query.


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