Dear Karan,
Thank you for your help. I’ve rechecked with my accounting manager. She confirmed me that the term is C.O.D. We should have received the payment from them no later than 7 days after the shipment. It seemed that GC did not follow up well in the past for the payment as the terms and agreement that’s why the payment getting expanded to 30days. As per our policy the management team has recently strict on the terms of payment and agreement. We have to follow up all the payment from any customer to be on time.. Hope you understand and help us out on this.