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 Offers $100 Million Credit Line to Sri Lanka for Solar Projects, Promoting Indian Goods and Services.</h1> Exim Bank has established a USD 100 million Line of Credit (LoC) with the Government of Sri Lanka to finance solar energy projects. The agreement mandates that at least 75% of the contract value must involve goods and services sourced from India, with the remainder potentially sourced externally, subject to conditions. Effective from September 13, 2021, the LoC has a utilization period of 60 months. Exporters must declare shipments per Reserve Bank guidelines, and no agency commission is payable under the LoC. Authorized banks should inform exporters about the LoC details available at Exim Bank. These directions comply with the Foreign Exchange Management Act.
TaxTMI 
TaxTMI 
