* LETTER OF CREDIT (LC/L/C) - AN OVERVIEW

SEIS is built to really encourage the export of services from India. It provides exporters within the services sector with responsibility credit scrips based on their foreign exchange earnings. These scrips can be employed for several reasons, which includes payment of service tax, customs obligations, plus much more.”[two] What's more, it provid

– The likelihood that the customer will likely not shell out – A firm whose buyers are in large-risk businesses could find itself featuring restrictive credit terms., while tech startups in Silicon Valley can supply elements from various countries. This information information this advanced world, outlining how these financial instruments get t