23 May 2008
Hi, can anyone explain me, Can we use the amount withdrawn from EEFC account for any business related expenses incurred other than outward remittances, for supply of goods /services including payments for airfare and hotel expenses during the period
08 August 2008
you can convert the EEFC amount to your cc a/c and then you can utilise the amount for business purpose. hence you are not allowed to use the amount for airfare and hotel expenses.
CAclubindia
