As you may be aware, RINA Hong Kong collected this amount THB 2,676,035.01 on behalf of RINA Thailand during 2013: it represents the collection of a couple of invoices issued by RINA Thailand to RINA SERVICES but RINA SERVICES paid RINA Hong Kong instead of RINA Thailand.
From the other side, RINA Thailand received advances for operating and other financial payables brought forward from the past.
So it is a compensation of financial receivables and payables: on the basis of what both companies could issue a tax invoice?
I suppose that a invoice should be related to services rendered, but in this case the overseas remittance from Hong kong to Thailand is due to a compansation.
Kindly advise.