LET EXPORT COPY/ASSESSED COPY
Arvind Gupta (Article Assistance) (82 Points)
20 February 2021Arvind Gupta (Article Assistance) (82 Points)
20 February 2021
CS M Pota
(Company Secreatary)
(3186 Points)
Replied 30 January 2022
The main difference between two shipping bill is ONE is assessed which means the shipping bill is assessed assessed means evaluated in evaluation each details of the shipping bill is evaluated with the documents submitted. After assessment if the shipping bill is found OK in all respect only and only the LET EXPORT is granted Let export mean a permission for export .So Assessed Shipping Bill is not permission for export but it is an evaluation of shipping bill filed for export and Let export is permission for export. Let export is the last step of export procedures whereas assessment is not the last step it is second last step if assessment is done OK the let export is granted.So let export copy of shipping bill is considerable for accounting.
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Course on Foreign Exchange Management Act (FEMA)(without recording)