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Recognisition of import transaction

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(Querist)
13 February 2012 Please let me know the criteria for recognisition of import transaction ie what should be the date for recording import transaction
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Vishal D Shah

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Vishal D Shah (Expert)
14 February 2012 Date of bill of entry.
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PANKAJ GOYAL

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PANKAJ GOYAL (Querist)
14 February 2012 irrespective of terms of contract ie CFR,CIF,FOB,CNF
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Vishal D Shah

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Vishal D Shah (Expert)
14 February 2012 It may depend under which Act you want to recognise. Under FEMA Date of BOE is relevant.

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