Line of Credit for export financing to Government of Angola with operational reporting, deadline and commission conditions. Exim Bank has provided a Line of Credit to the Government of Angola to finance export of goods and services under India's Exim Policy, effective June 2004; letters of credit and disbursement are subject to specified deadlines, shipments must be declared on GR/SDF forms, and agency commission for after sales service may be permitted by Reserve Bank subject to approval and deduction from invoices with corresponding reduction in reimbursable amounts.
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Provisions expressly mentioned in the judgment/order text.
Line of Credit for export financing to Government of Angola with operational reporting, deadline and commission conditions.
Exim Bank has provided a Line of Credit to the Government of Angola to finance export of goods and services under India's Exim Policy, effective June 2004; letters of credit and disbursement are subject to specified deadlines, shipments must be declared on GR/SDF forms, and agency commission for after sales service may be permitted by Reserve Bank subject to approval and deduction from invoices with corresponding reduction in reimbursable amounts.
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