Recognisition of import transaction
This query is : Resolved
13 February 2012
Please let me know the criteria for recognisition of import transaction ie what should be the date for recording import transaction
14 February 2012
Date of bill of entry.
14 February 2012
irrespective of terms of contract ie CFR,CIF,FOB,CNF
14 February 2012
It may depend under which Act you want to recognise. Under FEMA Date of BOE is relevant.
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