The Buyer's Credit Scheme of India is a unique financing mechanism that provides a safe mode of non recourse financing option to Indian exporters and serves as an effective market entry tool to traditional as well as new markets in developing countries, which need deferred credit
on medium or long.
Before New Standards: Reported as deferred charges (assets) or deferred credit
90 days credit for the supply of aircraft spares worth USD 40m/annum would be ensured while 90 days deferred credit
facility up to US$ 700m/annum for spare, repair & inventory sales management would be availed.
According to the IFRIC, the difference between the cost of the EA and its fair market value at the date of grant should be recognized as a government grant and classified as a deferred credit
in the financial statements.
Mazda, together with PRIMUS, has been taking initiatives such as the 'Mazda Advantage Loan' deferred credit
plan, which was launched in July 2007.
The majority of estate agencies are offering a deferred credit
arrangement with payment for the HIP being made on completion of the property sale.
Fruit/vegetable cooperatives were the only commodity group that saw other liabilities and deferred credit
Unsecured debts include credit cards, store cards, deferred credit
agreements and ordinary personal loans.
10 months interest free credit plus 6 months deferred credit
APBO 16 recognized a deferred credit
for the amount of negative goodwill and amortized that deferred credit
in future periods.
92-5, Amortization Period for Net Deferred Credit
Card Origination Costs, collectively address self-originations and the related accounting for loan origination costs.