Line of Credit for infrastructure export financing permits Indian-sourced content requirement and Export Declaration compliance. Government-supported Line of Credit authorizes Exim Bank to finance exports of eligible goods and services for land and infrastructure development subject to Foreign Trade Policy eligibility; at least 75 percent of contract value must be supplied from India, shipments must be declared in the Export Declaration Form, and a defined terminal utilization period applies after project completion. AD Category I banks may allow commission remittances only from exporter resources or EEFC balances after realisation and must notify exporters and refer them to Exim Bank for details. Directions are issued under FEMA.
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 infrastructure export financing permits Indian-sourced content requirement and Export Declaration compliance.
Government-supported Line of Credit authorizes Exim Bank to finance exports of eligible goods and services for land and infrastructure development subject to Foreign Trade Policy eligibility; at least 75 percent of contract value must be supplied from India, shipments must be declared in the Export Declaration Form, and a defined terminal utilization period applies after project completion. AD Category I banks may allow commission remittances only from exporter resources or EEFC balances after realisation and must notify exporters and refer them to Exim Bank for details. Directions are issued under FEMA.
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