We have purchased MEIS license
from other party for our import purchase.
For Example.
MEIS license duty amt 100000
But we are paying 80000
Difference 20000
We are saving 20000
How to make saving 20000 Accounting entry.
And.
we have used MEIS 100000 for
paying import custom duty.
How to make accounting entry for 100000
Please guide us.
Thanks & Regards
Rajkumar Gutti
CAclubindia
