Post Shipment Credit (INR)
Post Shipment Credit (INR)
Post-shipment Credit' is the working capital facility granted or any other credit provided by a bank to an exporter of goods / services from the date of extending credit after shipment of goods / rendering of services to the date of realization of export proceeds. As per the extant instructions, the period prescribed for realization of export proceeds is 12 months from the date of shipment.
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