Custom rate

Kaushik Vinod (CA IN PRACTICE) (1953 Points)

03 January 2013  

Dear Expert,

 

Dear Expert what rate of exchange ( By RBI or CBEC) should be used to make entry in the books of Accounts to book the Import Purcahse ? 
Second the rate shall be taken on which date is it the date of bill of entry or date of delivery at our premises ?