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Q. > Please Help: Credit for air tickets
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422 views • Question added Oct 14, 2014 • Finance • By Himanshu Kawatra , CA , Gurgaon


Kindly check if the following idea or service offered is legal and does not contradict any banking or financing or any other rules or regulation.

This is basically giving credit to buyer on air ticket issued. I will have to make the payment to the air ticket vendor at the time of issuance of ticket.

Date of ticket issuance : 01st June (1st instalment of non refundable booking fee)
Date of travel: 01st August (Balance payment to be made)
Price of air ticket: Rs. 10,000
1st instalment of payment: Rs. 2000
2nd instalment of payment: Rs. 8000 (on the day of departure)

MakemyTrip / Yatra gives a credit of 5 days on part payment but not until date of departure.

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