Hello
Without Grant receipt under FC project, shall we make expenses
As per FC 4, it will not allowed
Kindly give me your suggestions
Yes, you must receive FC funds and then begin spending. As an exception,
if the delay is temporary, you can begin spending if FC funds other than earmarked for other projects are available in Bank, please assess carefully before doing this because negative balance for project wise reporting is not permitted in FC4.
CS Sharad Bhargava