first of all I should put taxable value as per commercial invoice or as per shipping bill fob value as clarified in twitter handle by CBIT in case of export with payment of tax
2. in case of Export without pay Invoice value should be as per commercial invoice or shipping bill as tax is nill in shipping bill however Taxable value is diffrent due to exchange rate
if i take as per shipping bill fob Value & invocie Vale value differ due to e xchange rate taken at different rate
02 December 2018
In my opinion you will put invoice value there as you have considered such value in your financial statements and returns as turnover.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
03 December 2018
But as per clarification on twitter handle it is mentioned that invoice value should match with shipping bill
CAclubindia
