Your expert knowledge on below mentioned matter is awaited by me .
Our Company is going to import a machinery from china , suppose total of 1000 USD . Let supplier is Mr . China and commercial invoices and packaging list will be issued to mr .China Only . But they want to have 30 % payment in favor of their sister concern .
Can we do so , actually our Banker raise a objection on the same . Please advice .
CAclubindia
