Trade Credit the Companies in the Infrastructure Sector – (ECB) Are Allowed to avail of Trade Credit up to a Maximum Period of Five years for Import of Capital Goods

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.... Credit the Companies in the Infrastructure Sector - (ECB) Are Allowed to avail of Trade Credit up to a Maximum Period of Five years for Import of Capital Goods Attention of Authorized Dealer Category - I (AD Category - I) banks is invited A.P. (DIR Series) Circular No. 28 dated September 11, 2012. 2. As per extant guidelines on Trade Credit the companies in the infrastructure sector, where ....

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....However, the condition regarding 'abinitio' buyers' credit for 15 months shall continue for future trade credit. 4. All other aspects of Trade Credit policy will remain unchanged and should be complied with. The amended trade credit policy will come into force with immediate effect and is subject to review based on the experience gained in this regard. 5. AD Category-I banks may bring the co....