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Vikas Khurana (Querist)
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10 August 2011 HI i am working in an consultancy firm.
we had an conference in a hotel in Delhi.
contract has been done for Hotel rooms and banquet.50 % payment has been made via company bank book after deducting due taxes but balance payment has been done through an individual credit card in US currency.
Kindly advise on how to Journalese the payment made through credit card and do advise if any violation of FEMA.

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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10 August 2011 please ask banker for provide correct exchange rate, otherwise from the firc you can decide.

Regards,

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