about import entry
This query is : Resolved
21 February 2009
we are importing mobile acessories. the prices are in dollars. please advise me entry for same. in invoice they have included only prices for product excluding freight. we paid custom duty i want the entry for this also.
how to treat this situation in accounts please guide me
how to treat this situation in accounts please guide me
21 February 2009
So entry will be Raw material A/c... Dr (US$ * Selling BAnk Rate on Bill of entry rate)
Excise duty recivable ( if applicable)
To Creditors
Excise duty recivable ( if applicable)
To Creditors
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