web
You’re offline. This is a read only version of the page.
close
Skip to main content

Notifications

Announcements

No record found.

Community site session details

Community site session details

Session Id :
Microsoft Dynamics AX (Archived)

Exchange rates conflict in case of Import Ex Bond

(0) ShareShare
ReportReport
Posted on by

Hi everyone,

I imported the material on 1st Jan2016 in USD Currency when exchange rate is Rs.67. I bonded this material on the same day in Customs Bond warehouse. Further days, i Ex Bond this material on 5th March, 2016. The exchange rate on this day is Rs.69 but since its a exbonding case, my exchnage rate is freezed at the date of Bond i.e. Rs.67. So my Bill Of Entry(BOE) date will be of 5th March, 2016, but exchange rate of Rs. 67. The conflict come when i have another import purchase on 5th March, which is cleared on same date. i.e. i have not bonded it in Customs warehouse. This Clear import Bill Of Entry will have exchange rate of Rs. 69.

So i have following scenario:

ExBond BOE date 5th March, 2016, Exchange Rate of Rs. 67(Because it was bonded on 1st Jan at Rs. 67)

Clear BOE date 5th March, 2016, Exchange Rate of Rs. 69.

This issue is because all import customs taxes are converted at exchange rate fixed on date of BOE.

I am in AX 2009.

Kindly help.

*This post is locked for comments

I have the same question (0)

Under review

Thank you for your reply! To ensure a great experience for everyone, your content is awaiting approval by our Community Managers. Please check back later.

Helpful resources

Quick Links

Responsible AI policies

As AI tools become more common, we’re introducing a Responsible AI Use…

Neeraj Kumar – Community Spotlight

We are honored to recognize Neeraj Kumar as our Community Spotlight honoree for…

Leaderboard > 🔒一 Microsoft Dynamics AX (Archived)

#1
Martin Dráb Profile Picture

Martin Dráb 4 Most Valuable Professional

#1
Priya_K Profile Picture

Priya_K 4

#3
MyDynamicsNAV Profile Picture

MyDynamicsNAV 2

Last 30 days Overall leaderboard

Featured topics

Product updates

Dynamics 365 release plans