Export Sale
This query is : Resolved
28 March 2009
We are exporter of utensils we have made invoice dated 31..03.09 but we have filed the shipping bill in april so please tell me in which month i will consider sale.
Thankyou so so much in advance
Thankyou so so much in advance
28 March 2009
If the Goods mooved from the territorial Water of India within 31.03.2009 that revenue will be recognised as on 31.03.2009 otherwise it will be booked in the next period.
01 April 2009
I do not agree with Laxmi
Nothing to do with the movement of goods from territorial water of India as far as accounting cocept is concerned
Once you made the invoice the revenue is recognised and should be booked as sales in Accounts
Nothing to do with the movement of goods from territorial water of India as far as accounting cocept is concerned
Once you made the invoice the revenue is recognised and should be booked as sales in Accounts
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- ITC temporary reversal and reclaim
- TDS U/S. 194NF
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Applicable TDS rate for sale of property in Nov 2024
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
Trending Online Classes
CAclubindia
