[Your Company Name]
[Your Company Address]
[Letter Date]
[Customer Name]
[Customer Address]
Dear [Mr/Ms/Mrs]
RE: REVISION OF CREDIT TERM
In view of last approaching implementation of the goods and services tax (GST) by the Government, we wish to inform with effective from [Date], all credit terms extended to customers will be revised to [Revise days].
Hence, the new credit term will apply to all invoices issued from [Date] onwards. Any overdue account will be charged interest accordingly and might be effect your delivery.
Further clarifications, please contact our respective sales personnel in-charged.
We sincerely seek your kind understanding & co-operation on this matter.
Thank you for your kind continuous support.
Yours sincerely
[Signature]
[Title]
[Your Company Name]
