12 June 2012
Could you mention the reason for the difference of $13? Is it in the nature of discount given by you? or only a part of the payment has been settled by the overseas party??
Should it be discount, show the amount under column no. 12.
If it's part payment, then had better check with the bank whether you ought to wait for full realization or submit the BRC right away.
The party has deducted some amount towards Product quality issue.We are a exporter of Food products.The said amount is non-recoverable from the customer.
Pls let me know what is the treatment for the said difference in BRC.
13 June 2012
in this case you mentioned the FOB Value Actually Realised in Free Foreign Exchange
80 USD instead of 93.and also received a certified true copy of FIRC from your concerned banker in this case for further reference DGFT / custom provide you incentive on 80 usd and they can also take a verification report in this case.
so please mentioned and explained this matter to banker as well as custom / dgft too.
CAclubindia
