P. 1
34200662-International-Trade

34200662-International-Trade

|Views: 124|Likes:
Published by Jeeta Leishangthem

More info:

Published by: Jeeta Leishangthem on Apr 10, 2011
Copyright:Attribution Non-commercial

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as PDF, TXT or read online from Scribd
See more
See less

11/21/2012

pdf

text

original

Our exchange control regulations stipulate that exporter should realize the

foreign exchange for their exports within 180 days from the date of shipment. Contracts

for export of goods against payment to be received fully or partly after the expiry of the

stipulated period for the realization of export proceeds are treated as deferred payment

export contract. Extension of long term export credit has become an accepted export

market strategy and therefore, provision has been made for the extension of medium and

long term credit to finance the sale of Indian capital goods and related services.

You're Reading a Free Preview

Download
scribd
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->