Dear Sirs,
We have made few Export Shipments to a reputed Iranian Steel Company during 2014-16 in USD value. Despite of our many refusals, we had to accept the payment through Third Party Exchangers in Dubai and Singapore from them. Because they were keeping our payments on hold, if we didn't accept through Third Party Exchange.
Now EDPMS system has kept our BRCs on hold for all the shipments made to Iran in USD, where payment has come from Third Parties.
Our Banker, Deutsche Bank is telling that, they don't know what to do. Also we are not getting any reply from our Auditor.
We need guidance to find out how to knock off the Pending Iranian Invoices from EDPMS.
Thank you in Advance.
Best Regards,
CAclubindia
