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What is means by GRI in shipping terms ?

Purchasing Logistics Procurement Supply Chain
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Question added by Manoharan Vallamunji Kasinathan Vallamunji , Purchase Engineer (Supply Chain Management) , ITR MIDDLE EAST
Date Posted: 2014/05/17
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Muhammad Usman Ashraf
by Muhammad Usman Ashraf , VAT Accountant , Jumeirah Golf Estates

GRI means "General rate increase"

It represents a planned increase on a base rate from a certain date.

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