Merchanting Trade Transactions – Clarifications - Short term credit

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....ctions - Clarifications - Short term credit Attention of authorised dealers is invited to the provisions of A.P.(DIR Series) circular No.25 dated September 27, 2002 regarding simplification of procedure for financing imports into India by way of Suppliers' or Buyers' Credit. It is clarified that short term credit either by way of suppliers' credit or buyers' credit, as envisaged in the aforement....