commitment charges
This query is : Resolved
20 August 2008
what does mean " COMMITMENT CHARGES" on bank Borrowing. as per AS-16.
20 August 2008
Commitment Charges is one of the type of charges collected by the bank.
this charges are collected for the commitment of bank usually @0.20% for every Quarter
this charges are collected for the commitment of bank usually @0.20% for every Quarter
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