Vouching of import purchases
This query is : Resolved
23 February 2019
sir/madam,
please send the detailed procedure of import purchases
please send the detailed procedure of import purchases
Shobhit Jain
(Expert)
23 February 2019
Audit of Import; 1. Check the Purchase order by the Company
2. Check the Bill of Entry specifying the details of goods received
3. Check the vendors invoice for amount in Foreign currency
4. Compare the same with the purchase order in all respects
5. Lastly check the amount of custom duty charged and accounting of the same
2. Check the Bill of Entry specifying the details of goods received
3. Check the vendors invoice for amount in Foreign currency
4. Compare the same with the purchase order in all respects
5. Lastly check the amount of custom duty charged and accounting of the same
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