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What are goods in transit?

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Question added by Shameer Nazir Madari , Assistant Finance Manager , METAL AND RECYCLING COMPANY K.S.C. (PUBLIC)
Date Posted: 2016/04/28
Nitin Choudhary
by Nitin Choudhary , Assistant Manager - Planning & Inventory Management , Green Planet Industries

Goods that you have already ordered and is dispatched from the vendor is called GIT.

 

Its important in cases of Import goods.

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