The BD standard payment terms for suppliers in Greater Asia is Net 60 days; however, the actual payment will not be made until the next scheduled payment run.
In India, the BD payment terms for a qualified supplier (Micro, Small and Medium Enterprises) as defined by the Micro, Small and Medium Enterprises Development Act, 2006 is 45 days.
In Japan, the BD payment terms for a qualified subcontractor (Small and Medium Sized Enterprise) as defined by the Subcontract Act is within 60 days from the day on which BD receives the work from a subcontractor.
The BD standard payment terms do not apply to disbursements to non-commercial entities such as Health Care Professionals (HCPs), Health Care Organizations (HCOs), Key Opinion Leaders (KOLs), Taxes/Government Agencies, etc.