Question

Pre-shipment finance and Post-shipment finance

21 Sep 2022
Answer :
Word Count : 281

 Pre-shipment Finance:

Pre-shipment finance refers to the financial assistance provided to the exporters before actual shipment of goods. Pre-shipment finance is provided to the exporters for the purposes like purchase of raw materials, their processing and converting into finished goods and packaging them.

For these purposes, the following pre-shipment finance is made available:

1. Packaging credit

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