14 October 2010
We have pd $ 5000.00 @ 48.00 in advance against Import on dt 16/08/2010 Import Bill of Entry Dt 25/09/10 $ 6000.00 @ 47.95. Can i book import @ exchange rate of bill of entry and then one entry of exchange rate fluctuation. Or can i book import @ exchange rate of advance paid. Which method is right?