Transcription of CHAPTER 7 POST - SHIPMENT FINANCE
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CHAPTER 7 POST - SHIPMENT FINANCE
1 CHAPTER 7 POST - SHIPMENT FINANCE 2 CHAPTER 7 POST - SHIPMENT FINANCE INDEX Para No TOPIC Page No 7 Introduction 5 7 1 Types of Pots- SHIPMENT FINANCE 5 7 1 1 Purpose 5 7 1 2 Period 6 7 1 3 Period & Notional Due Date 6 7 1 4 Rate of Interest 7 7 1 4 1 Interest on Post-ship Credit Adjusted from Rupee Resources 8 7 1 5 Normal Transit Period 9 7 1 6 Usance Bills 10 7 2 Export Documents 10 7 3 Scrutiny of Documents 10 7 3 1 Examination of Draft or bill of Exchange (B/E) 11 7 3 2 Examination of Invoice 11 7 3 3 Examination of Transport Documents bill of Lading 13 7 3 4 Airway bill (AWB) / Air Consignment Note 15 7 3 5 Post Parcel Receipt (PPR) 17 7 3 6 F
3 7 4 Bills under LC Negotiation under Restricted LC 21 7 4 1 Negotiation under Restricted LC 26 7 4 2 Negotiation under Clause LC 27
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