Easy Office
LCI Learning

Recording of Export Sales

This query is : Resolved 
Profile Image

Profile Image

(Querist)
23 January 2009 What I want to know is at which rate export sales have to be recorded in the books....Is it at customs rate or RBI rate or Commercial Bank currency buying rates???
Profile Image

Jitender

Profile Image

Jitender (Expert)
23 January 2009 whatever rate u choose it should be consistently followed. it can be custom rate or rbi rate.
Profile Image

Bhaskaran Chackrapani Warrier

Profile Image

Bhaskaran Chackrapani Warrier (Expert)
23 January 2009 Export sales may be booked at the rate prevailing on the date of negotiation of export bills with the concerned bank.
Upgrade to CAclubindia Pro. Subscribe Now!


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links