Introducing the “In Favour Of” filter in Case Laws.
- ⚖️ Instantly identify judgments decided in favour of the Assessee, Revenue, or Appellant
- 🔍 Narrow down results with higher precision
Try it now in Case Laws →
TaxTMI Login
🚀 New Feature Launched ✕
Just a moment...
Introducing the “In Favour Of” filter in Case Laws.
Try it now in Case Laws →
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Exim Bank Offers $20M LOC to Mongolia for IT Project; 65% Supplies Must be Indian.</h1> Exim Bank has established a Line of Credit (LOC) of USD 20 million to the Government of Mongolia to fund the India-Mongolia Joint Information Technology Education and Outsourcing Center (IMJIT) Project. The agreement, effective from August 23, 2012, mandates that at least 65% of the contract value must be supplied by Indian sellers, with the remaining 35% potentially sourced from outside India. The LOC allows for the opening of Letters of Credit and disbursement within specified timeframes. No agency commission is payable under the LOC, but exporters may use their resources for commission payments. The circular is issued under FEMA regulations.
TaxTMI 
TaxTMI 
