Recording of Export Sales
This query is : Resolved
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???
23 January 2009
whatever rate u choose it should be consistently followed. it can be custom rate or rbi rate.
23 January 2009
Export sales may be booked at the rate prevailing on the date of negotiation of export bills with the concerned bank.
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