Payment Terms
This query is : Resolved
13 November 2008
I.m working with a public limited co. and my co. has purchased some material from a Micro & Small enterprises. So what will be the maximum payment period up to which no interest will be levied and after that period compound interest will be levied.
Deepak Agrawal
(Expert)
13 November 2008
30 DAYS
13 November 2008
I.m working with a public limited co. and my co. has purchased some material from a Micro & Small enterprises. So what will be the maximum payment period up to which no interest will be levied and after that period compound interest will be levied.
13 November 2008
I think, it depends on the policy of the organisation and they even mention this on their invoice.
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