WHAT ARE THE ACCOUNTING ENTRIES FOR EXPORT SALES OF THE FOLLOWING TYPE
SALES VALUE US$.10000.00
FREIGHT CHARGES US$. 1000.00
NETT F.O.B. VALUE US$. 9000.00
Customs Exchange Rate on LET EXPORT DATE $1= ₹.62.00
BUYER Name : XYZ •
ALSO THERE IS TAX VALUE = 354808 (INR)
IGST IS = 3548 (INR)
ON PAYMENT OF IGST [NO BOND OR LUT] • ALSO IF SHIPPED UNDER LUT/BOND
Menu
JOURNAL ENTRY OF EXPORT SALE
Replies (1)
Export Sales A/c credit
output IGST A/c creudt6
To XYZ CO
please write in naration about export sales for your refernece
output IGST A/c creudt6
To XYZ CO
please write in naration about export sales for your refernece
Recent Topics :
- Regarding 3CEB query
- Omitted E-Commerce Sales Reported in Table 14 but
- Omitted sales shown in GSTR-1 Table 14 but not in
- EWAY BILL TAKE OUT OF OTHER COMPAMY
- Penalty & late fee for late ITR filing
- Business discontinued as Government took possessio
- Which Aviation Services Can Air Ticketing Professi
- Section 87A
- GST on Transport
- Which software to buy
Related Topics :
CAclubindia
