Pre-shipment credit in foreign currency (PCFC)

CS M Pota , Last updated: 07 February 2017 Share Follow on Google News

What is Pre - shipment credit? When an exporter avail any credit facilities, in the form of loan and or advance from a bank for the purpose of financing the purchase of inputs packing material for manufacturing and packing of the final products to be exported it is called Pre Shipment Credit.

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About the Author

CS M Pota

Company Secreatary

I am Bcom,LLB,MBA (Finance) Inter CWA,FCS,I have very rich about 27 years of experience in the areas of Company Law,Export Import,Foreign Trade Policy,FEMA ,Direct and Indirect Taxation,Finance.Import and Export includes Project import,High Seas,Import of Drugs,Live stock,Live stock Products,Sale of Imported Material ... Read more

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Pre-shipment credit in foreign currency (PCFC)

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