Line of Credit requirements specify Indian-sourced content and compliance, and prescribe documentation and commission rules. The Exim Bank Line of Credit to Mauritania finances designated potable water and agriculture projects; eligible exports must comply with India's Foreign Trade Policy, require a minimum of 85 per cent Indian-sourced supply (15 per cent from outside India permitted excluding consultancy), and observe specified effective dates and separate time-limits for opening Letters of Credit and disbursement for project and supply contracts.
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 requirements specify Indian-sourced content and compliance, and prescribe documentation and commission rules.
The Exim Bank Line of Credit to Mauritania finances designated potable water and agriculture projects; eligible exports must comply with India's Foreign Trade Policy, require a minimum of 85 per cent Indian-sourced supply (15 per cent from outside India permitted excluding consultancy), and observe specified effective dates and separate time-limits for opening Letters of Credit and disbursement for project and supply contracts.
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