how can i get a bill of entry.......in case i have to submit its copy to RBI for half yearly reporting???????????//
CA Suryakant Dubey (CA ) (931 Points)
24 December 2011how can i get a bill of entry.......in case i have to submit its copy to RBI for half yearly reporting???????????//
RAMESH KUMAR VERMA
( CS PURSUING )
(43848 Points)
Replied 24 December 2011
A Bill of Entry also known as Shipment Bill is a statement of the nature and value of goods to be imported or exported, prepared by the shipper and presented to a custom house. The importer clearing the goods for domestic consumption has to file bill of entry in four copies; original and duplicate are meant for customs, third copy for the importer and the fourth copy is meant for the bank for making remittances i.e Exchange Control copy .
you must submit your banker fourth copy i.e Exchange Control copy, if you payment remit in the account of seller in respect of import.
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