Line of Credit for export financing requires majority Indian-sourced supply and compliance with GR/SDF declarations. Provision of an Exim Bank Line of Credit to finance eligible Indian exports and consultancy requires that a substantial portion of contract value be supplied from India, permits limited non-Indian procurement for non-consultancy goods, mandates shipment declarations on GR/SDF forms, imposes time-bound conditions for opening Letters of Credit and disbursement, and restricts agency commission payments from the credit while allowing exporter-funded commissions under prevailing remittance rules.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Line of Credit for export financing requires majority Indian-sourced supply and compliance with GR/SDF declarations.
Provision of an Exim Bank Line of Credit to finance eligible Indian exports and consultancy requires that a substantial portion of contract value be supplied from India, permits limited non-Indian procurement for non-consultancy goods, mandates shipment declarations on GR/SDF forms, imposes time-bound conditions for opening Letters of Credit and disbursement, and restricts agency commission payments from the credit while allowing exporter-funded commissions under prevailing remittance rules.
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