Stock & debtor level
This query is : Resolved
19 January 2019
what should be stock and debtor limit if cash credit limit is rs. 1000000.
19 January 2019
It depends on the projections of sale and purchase of the entity. Whether the entity will have enough business to have stock and debtors at level which is acceptable compared to CC of Rs.10,00,000.
The margin which is fixed by the bank for releasing CC of Rs.10,00,000 to be taken into consideration such that DP is maintained at the level of CC outstanding at any given point of time. The level of stock or debtors for a CC of Rs.10,00,000 depends from bank to bank and proposed sanction terms of bank referring to margin.
The margin which is fixed by the bank for releasing CC of Rs.10,00,000 to be taken into consideration such that DP is maintained at the level of CC outstanding at any given point of time. The level of stock or debtors for a CC of Rs.10,00,000 depends from bank to bank and proposed sanction terms of bank referring to margin.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Treatment of Pension ?annuity returns on PMVY
- TAN for Partnership
- Last year TDS Claim
- AY 26-27 ITR-4 FILING U/S 44-ADA
- Plot of land. Cost of Acquisition
- Long Term Service award taxability in hands of company
- Soyabean hsn code and gst rate
- CA IPCC Registeration in 2012, Is my registration Active or Expired
- Free lancer income
- LTCG for Assmt year 26-27
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
