Process flow under TReDS – Trade Receivables Discounting System

Posted Date : 01-Feb-2015 , 01:40:39 am | Posted By CASANSAAR print

Listen to this Article

0:00

a. Corporate buyer sends purchase order to MSME seller b. MSME seller delivers the goods along with an invoice. There may or may not be an accepted bill of exchange depending on the trade practice between the buyer and the seller. c. Thereafter, on the basis of either an invoice or a bill of exchange, the MSME seller creates a

Category : RBI | Comments : 0 | Hits : 593

Also Read -

RBI’s Recent Policy Update and Its Impact on Indian Economy 2026

RBI’s Recent Policy Update and Its Impact on the Indian Economy In a significant development, the Reserve Bank of India (RBI) has announced new policy measures aimed at stabilizing inflation ...

Also Read -

Amendment in Negotiable Instruments Act, 1881 - Relief against Dishonoured Cheques

Amendment in Negotiable Instrument Act, 1881 for cases of DISHONOUR OF CHEQUE The Negotiable Instruments (Amendment) Act, 2018: The Negotiable Instruments (Amendment) Act aims to amend the ...

Also Read -

RBI New circular for FDI

This is to notify you all that, RBI through its Master Circular dated June 7th, 2018, has introduced Single Master Form (SMF) for all types of reporting in respect to For...