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RiddhiRiddhi asked 1 year ago

Goods worth $100000 exported . CBEC rate RS 68 . RBI ref rate Rs 65. Actual payment received @Rs70 . Here in BOA/F.S. profit of Rs(70-68)*100000 = Rs200000 will be taken to P/L ac and the TO will still remain at Rs6800000. Then y are we making dual adjustment in GSTR9C reco ie we are adjusting both rs 300000(less) and rs200000(add) . Whereas adj of Rs 300000 is only required since Profit of Rs 200000 is not being added to TO of FS (only being credited to P/L ac)

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RaviRavi Staff answered 1 year ago

see this video from 1 hour 44 minutes

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