25 February 2010
we (ltd. company) have appointed consignee sales agent (csa) who will sell goods for us on his sales tax no. i.e. he will invoice on his bill. can as per aggrement we can take payments thru cheque in our name while bill is done by csa. pl. clarify
25 February 2010
You can take cheque but if the cheque bounces you cannot take any action on the debtor because there is no relationship between you and ultimate debtor.
CAclubindia
