Query about b.g
This query is : Resolved
15 January 2014
We are a trader got a purchase order for supply of material. The buyer is agreed to give an advance of 10% of total order price & a bank Guarantee for Rs. 60 lakhs.
For which what will be the secured format of the B.G?
For which what will be the secured format of the B.G?
16 January 2014
Dear govind,
BG issued by a bank on behalf of a person. it is a standardised banking instrument...you need not worry too much...however ensure that the BG is issued by a reputed bank preferably nationalized one.
BG issued by a bank on behalf of a person. it is a standardised banking instrument...you need not worry too much...however ensure that the BG is issued by a reputed bank preferably nationalized one.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- 10% pre-deposit for gst appeal
- Tax on selling redeveloped resi property
- Query regarding applicability of UDIN on MCA forms signed using DSC by a Chartered Accountant
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Spice form, ? mark comes in address
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
