Journal entries for depb licence
This query is : Resolved
29 November 2012
Dear users,
Am working as an accountant in an exporting firm. As the time of export some types of good as qualified for claiming DEPB license.
At the time of getting DEPB license from govt. what should be the journal entry
Am working as an accountant in an exporting firm. As the time of export some types of good as qualified for claiming DEPB license.
At the time of getting DEPB license from govt. what should be the journal entry
29 November 2012
read by this link
https://www.caclubindia.com/forum/advance-or-depb-licences-entry-32391.asp
https://www.caclubindia.com/forum/advance-or-depb-licences-entry-32391.asp
29 November 2012
DEPB DR./AMOUNT
Credit Export Incentive / AMOUNT
(DEPB RECEIVED FROM dgft of amount)
Credit Export Incentive / AMOUNT
(DEPB RECEIVED FROM dgft of amount)
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