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Dear experts,

Assessee is a company. Assessee had paid advance payment of usd 555.00 to one import vendor for machinery part.

Vendor had couriered the part and made bill for export of just Usd 1.00 for custom purpose. Also the custom bill of entry had been filled on the basis of invoice of usd 1.00 by courier agency.

Query; Assessee had recd bill of entry for only usd 1.00. How to submit this bill of entry of usd 1.00 against payment of usd 555.00

Thanks for taking my query.

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Q. SUBMISSION OF BILL OF ENTRY IN BANK.

Concept by CA Pramod Jain

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