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Entrepreneurship Development and Small Business Enterprises by Pearson
book

Entrepreneurship Development and Small Business Enterprises by Pearson

by Poomima M Charantimath
May 2024
Intermediate to advanced content levelIntermediate to advanced
540 pages
27h 7m
English
Pearson India
Content preview from Entrepreneurship Development and Small Business Enterprises by Pearson
1250
Enuepreneurship
DeveJopmcnI and Small
Businell
Enterprise.
Value
of
Machines
Earnest
Money
Rs 7.5 lakh.
F.O
.
R.
or
landed cost. as
th
e case may
be
.
The rate
of
earnest money
is
equal to 5 per cent
or
10
per cent
of
the value
of
machinery, depending on whether the equipment
is
imported or indigenous.
In
the
case
of
furnaces and some other equipmenl, the rate
of
earnest money
is
different.
Int
erest 9 per cent per annum with a rebate
of
2 per cent on prompt payment. This
interest is calculated on the value
of
machines outstanding after deducting the
payment
of
earnest mo
ney.
Administrative Charge
This charge
is
equal to 2 per cenl ...
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Publisher Resources

ISBN: 9781299601086