Overview Of Deemed Export Sale

Process To Create Sale For Deemed Export In Marg Software

OVERVIEW OF DEEMED EXPORT SALE

• Deemed Exports refer to those transactions in which the goods supplied do not leave the country, and the payment for such supplies is received either in Indian rupees or in free foreign exchange.
• Central Government may notify certain categories of supplies of goods, which would be treated as deemed exports. This means that such supplies shall be treated as exports even if such goods are not taken outside India.

PROCESS TO CREATE SALE FOR DEEMED EXPORT IN MARG SOFTWARE

• Go to Transactions > Sale > Bill.

• In 'Date' option, the user will mention the date as per the requirement.
• Suppose mention '30-06-2024'.

• The user will select a particular party for which a Deemed Export bill needs to be created.
• Suppose select 'Ahuja Medicine Center'.

• In 'Type' field, the user will press 'F7' / 'F2' / 'SpaceBar' key.
• Suppose press 'F7' key.

Note: If cursor does not wait on type field then Click Here.

• A 'Purchase Type' window will appear.
• The user will select 'Import'.

Note: If All Sale Type not display then Click Here.

• The user will load items as per the requirement and press 'Ctrl+W' key.

• Click on 'Save Bill' to save the changes.

• The user will select whether the Sale bill needs to be created w/o bond/Letter of Undertaking. 
• Suppose select 'Yes'.

• The user can view the Voucher posting of Entry and GST.

After following the above steps, the user can create Sale Bill for Deemed Export in Marg Software.