Abbreviations used in Store department

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ERM:    Emergency Recoupment Memo


ES:    Estimate Sheets


EXIM:    Export Import


FAS:    Free Alongside Ship


FEDAI:    Foreign Exchange Dealers Association of India


FERA:    Foreign Exchange Regulation Act


FOB:    Free On Board


FOR:    Free On Rail


FPA:    Free Particular Average


FPS:    Foot Pound Seconds


HOD:    Head of Department


IL:    Import Licence


IRSS:    Indian Railway Stores Service


ISS:    Indian Standard Specifications


LC:    Letter of Credit


LPP:    Last Purchase Price


MMIS:    Material Management Information System


MMTC:    Minerals & Metal Trading Corporation of India


MRC:    Material Receipt Certificate


MSE:    Micro & Small Enterprises


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