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Home Tag Archives: Truck receipt and Maturity Date

Tag Archives: Truck receipt and Maturity Date

Truck Receipts and Maturity Date: Does the Latest Date Rule Apply?

By Mr Old Man
July 7, 2025
in :  Mr Old Man, Payment, Q&A
0
144

QUESTION Dear Sir, Hope everything is in good spirits. I wanted your valuable feedback on this scenario of calculation of the maturity date. Now, let say we have received the bill of USD 100,000.00 with multiple truck receipts with dates ranging from 01.06.2025 to 20.06.2025.  The usance period is 60 days from  the T/R date. Currently the due date for the …

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