Normally importer pays the duty & sales tax of the imported goods after arrival at the port. Due to shortage of fund or some other reasons, sometimes importer approaches the L/C opening bank to assist him for retirement of the imported goods. In some cases importer do not come forward to retire the goods. In these cases the bank themselves arrange to retire the goods by pledge in Godown under bank’s lock & key. This type of payment is called forced LIM. This is a temporary arrangement for a maximum period of 90 days. Within this time limit, the importer borrower will release the goods at a time or gradually after making payment to the bank.