Pre-shipment / Packing Credit is a loan or advance given to an exporter to fund the purchase, processing, manufacture, or packing of products prior to shipping.
Pre-shipment financing is credit given to exporters prior to the shipment of products in order to complete the export order. Finance Following Shipment Post-shipment finance is credit given to exporters after their goods have been shipped to cover their working capital needs.
Pre-shipment finance refers to the financial assistance offered to an exporter from the time the order is received until the goods are shipped. It can be either fund-based or non-fund-based.
Packing Credit Types (Pre-shipment Credit)
Loan for Extended Packing Credit.
Shipping Loans with Security
Advances against multiple letters of credit.
Letter of Credit with Red or Green Clause
Export Incentives are being challenged.
Advances Against Duty Reductions
This is determined by a number of important elements. A maximum of 180 days is allowed, and in the case of Rupee credit, the branch supervises the credit's final use. Advances given under the PCFC Scheme shall not be diverted for any other home purpose.
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Jay Vyas
5
This is just awesome course. I gained so much knowledge about Import-Export Business by learning this course.
LearnVern, you are doing an awesome job by teaching for free.
P
prabhat sharma
5
how many companies of import and export are hiring ? please provide the list and is it possible to start it without office as an individual ?
N
Navghanji Sorabji Thakor
5
Nice
C
Captain Marvel
5
Kunal Dugad Sir ! You nice learn to Import And Export for Free Of Cost - Thanks Kunal Dugad Sir and Learvern Team !
M
Mr Asad
5
our first question is Blance of trade?
its means when you start your international trde to another country so you have a conttact a banl of finance instituions for money to devlope a products this is
M
Mahant Burman
5
Its Very Important For a Person who is Doing a Professional Course Have a depth knowledge and real world experience a part of book's knowledge.
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sanjiv chouhan
5
sir saste mai buyer ka data kaise uper kre,iska koi solution hai to plz btaiye
R
Raj chauhan
5
what a way of teaching, love this course, THANK YOU SO MUCH SIR FOR MAKING SUCH A GREAT COURCES.
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Ajay Kumar
5
I have taken another courses on the subject but this is the best course I have gone through. Mr Duggal has explained in such a way that even a new learner can understand very well. Recommended.
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Subhadip Chakraborty
5
This course has helped me a lot to gain a good quality of knowledge that I can use in my future job opportunities.
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