Utilisation of EEFC account balance
This query is : Resolved
Sanjay Diwakar
(Querist)
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Can we use the amount withdrawn from EEFC account for any business related expenses incurred other than outward remittances, for supply of goods /services including payments for airfare and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
Can we use the amount withdrawn from EEFC account for any business related expenses incurred other than outward remittances, for supply of goods /services including payments for airfare and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.
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