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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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.
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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
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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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Subhadip Chakraborty
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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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Subhadip Chakraborty
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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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Subhadip Chakraborty
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Fazlurrahman Khan
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I am happy from this course I want pdf of lectures if will be available that would be very beneficial for Us
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Atul Marathe
5
Easy and simple way of teaching.
Thank you for taking this effort Kunal sir.
How i can connect with you as starting export business. I want you to become mentor for me
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Radha Rani Birla
5
Thank you so much. Kunal sir explanation is simple & precise. I could understand all the concepts well.
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Radha Rani Birla
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Thank you so much. Kunal sir explanation is simple & precise. I could understand all the concepts well.
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