TaxTMI Login
Just a moment...
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 of India Grants $100M Credit to Upgrade Sri Lanka's Colombo-Matara Railway, Favoring Indian Goods.</h1> Exim Bank of India has established a USD 100 million Line of Credit (LOC) with the Government of Sri Lanka for upgrading the Colombo-Matara railway line. The agreement, effective from October 3, 2008, mandates that at least 85% of the contract value must be sourced from Indian goods and services, with the remainder possibly sourced internationally. The LOC's validity for opening Letters of Credit and disbursement extends up to 72 months from the agreement date. No agency commission is payable under this LOC, but exporters may use their resources for commission payments. Compliance with the Foreign Exchange Management Act is required.
TaxTMI 
TaxTMI 
