Re import entry

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

02 December 2011 Dear Sir,

We sold Product A - 1500 Kgs (USD90000) of Rs.40,72,000/- out of that 400Kgs Product - A has been returned by the Party .

My Query is what is entry of Sales return at what amount?

Thanks in advance........

Rajnish Singh

Rajnish Singh (Expert)
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03 December 2011 Dear Sir,

When you get back the books naturally flectuation imapact will be taken under consideration.

fistly booked the sale with $ rate mentioned in Bill of Entry .

when goods returned back . than you may booked on which rate you sold and difference of both rate will be taken in flectuation diff.

either you can booked on which rate you get the materials.

Both side are correct.

Thanks

Querist : Anonymous

Querist : Anonymous (Querist)

03 December 2011 Thank u very much sir jee..........

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