Can sponsor make direct payment to vendor when the invoice is in name of NGO
This query is : Resolved
Shiv Prakash Asopa
(Querist)
14 July 2021
In our NGO we are in planning to procure some fixed assets from overseas. We also arranged one sponsor for it. Our sponsor wanna make direct payment to the vendor but our vendor is not agreeing to issue invoice in sponsor name as he is giving us some discount as we are an NGO.
Kindly advise
Kindly advise
CA R SEETHARAMAN
(Expert)
14 July 2021
Invoice should be in NGO's name only who is going to own it.
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