Government-supported line of credit for defence export financing conditions supply origin and export compliance under foreign trade rules. A Government of India supported Line of Credit through Exim Bank finances exports for defence projects where exports must be eligible under the Foreign Trade Policy, shipments declared in the Export Declaration Form, and at least seventy-five per cent of contract value supplied from India with up to twenty-five per cent procurable externally; no agency commission is payable though exporters may use own or EEFC funds for commission subject to AD Category I bank compliance and realization requirements, and 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.
Government-supported line of credit for defence export financing conditions supply origin and export compliance under foreign trade rules.
A Government of India supported Line of Credit through Exim Bank finances exports for defence projects where exports must be eligible under the Foreign Trade Policy, shipments declared in the Export Declaration Form, and at least seventy-five per cent of contract value supplied from India with up to twenty-five per cent procurable externally; no agency commission is payable though exporters may use own or EEFC funds for commission subject to AD Category I bank compliance and realization requirements, and directions are issued under FEMA.
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