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Hello Experts,
I have a question, while creating LC(Letter of credit) for import purchases, the total of my purchase order amount doesn't include custom and taxes amount in LC amount what can be the issue.
Also why taxes amount is not included in Total amounts.
amount including all the taxes will be - 6,72,246.00
LC amount here is 5,40,000.00 which should be including tax.
Can anybody help me on this.
Also the user asked, that when bank charges are deducted while LC opening, they record it with the bank vendor through which they claim GST on that charges, and attach those charges with LC. Can anybody help me on this.
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