Amount the loan amount is decided on the basis of export, Ask an Expert

Management Studies

Amount: The loan amount is decided on the basis of export order and the credit rating of the exporter by the bank. Generally the amount of packing credit will not exceed FOB value of the export goods or their domestic value whichever is less. It can be to the extent of domestic value of the goods even though such value is higher than their FOB value provided the goods are entitled to duty draw back and also covered by the Export Production Finance Guarantee of the ECGC.

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Marketing Management, Management Studies

Category:- Marketing Management
Reference No.:- M9537838

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