Advance payment
This query is : Resolved
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.
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.
10 August 2011
please ask banker for provide correct exchange rate, otherwise from the firc you can decide.
Regards,
Regards,
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