11 April 2022
Dear Sir, We are a Manufacturig Company, Recently our Bank have raised our Cash Credit(C.C.) Limit and for that work (enhancing the bank limit ), bank papers by prepared by a outsider practitioner (advocate) and that advocate has raised a Bill to us comprises of NEC Charges of Rs. 5000/-. I want to know whether such charges are covered under RCM and if yes, at what rate we will have to pay RCM. And under which indirect expense we will have to treat such Expenses in our Books.
CAclubindia
