Please find attached approval form change from 75 days to 45 days start from Jul’13 shipment.
It mean shipment 1-15 Jul’13 due date 21 Aug’13 and shipment 16-31 Jul’13 due date 6 Sep’13.
But if it is shipment before Jul’13 NMT used term payment 75 days.
It mean shipment 1-15 Jun’13 due date 21 Aug’13 and shipment 16-30 Jun’13 due date 6 Sep’13.
NMT still charge interest to NMI&NMDI for Payment term Extension form 21 Jul’13 to 21 Aug’13 and from Aug 6, 2013 to Sep 6, 2013