NEERAJ JINDAL (91 Points)
28 January 2020Hello,
We imported so material and by mistake my supplier send some other size, we deal in both the sizes.
In my absence, my office assistant sold and billed for the wrong size, generated E-way Bill and we don't have stock in books, now it's showing negative stock.
how to reconcile this now ?
NEERAJ JINDAL
(91 Points)
Replied 28 January 2020
Hello,
Custom Duty was filed and paid according to my order.
It's 2 month old incident.
Anup Agarwal
(1184 Points)
Replied 28 January 2020
NEERAJ JINDAL
(91 Points)
Replied 28 January 2020
yes, we imported another size, but China supplier sent some other.
Billed the wrong size which we received.
NEERAJ JINDAL
(91 Points)
Replied 28 January 2020
Books of accounts shows negative stock as this item was not mentioned in Import Invoice and Bill of Entry.
Anup Agarwal
(1184 Points)
Replied 28 January 2020
RAJA P M
("Do the Right Thing...!!!")
(127351 Points)
Replied 28 January 2020
CAclubindia
