Respected Sir
We will write off an huge outstanding export Receivables and repay proportionate DBK amount/ RoDTEP.
For future legal steps against foreign buyers, should we keep Receivables amount in the books of account separately so that future litigation is not weakened. At the same time, we will clean edpms on RBI website. Pl advise wrt AS etc.
Could we write off 100% at one go with RBI approval?
Regards
Jayanta kr Bandyopadhyay
Kolkata
CAclubindia
