Accounting Treatment of Export LC is given form Buyers. Its very important to how will you enter the entry in our software/general ledger/manually. If you are responsible to maintain the RMG accounts. So obviously have to maintain to proper Accounting treatment the Export LC is given form buyer. Example: Date- 01/01/2016 …

How to calculate import stage duty is most important to any countries. when you import any product you may imposed import duty by the government. The duties are source of income of government. AV=> Assessable Value.CD=>Customs Duty.RD=> Regularity Duty.SD=> Supplementary Duty.VAT=> Value Added Tax.AIT=> Advance Income Tax.ATV=> Advance Tread VAT.B/ …