The Multi Commodity Exchange of India Ltd (MCX) on July 22, 2024, issued a circular regarding the Delivery & Invoices Settlement Schedule for August 2024 expiry contracts.
The Delivery & Invoices Settlement Schedule for the contracts expiring in August 2024 is attached as Annexure 1 & Annexure 2 to this circular.
The schedule defines the following:
o Timelines for pay-in/ pay-out of funds and commodities.
o Mode of delivery settlement for the commodities.
o Invoices settlement timelines for the commodities.
The members are advised to adhere to the timelines for submission of delivery-related documentation and ensure that the tax invoices along with the supporting documents are made available to the respective buyers as per the schedule defined in Annexure 2.
Kindly find all the Annexures attached to the document below.
[Circular No. MCX/MCXCCL/488/2024]
