https://www.taxtmi.com/circulars?id=2078 Exim Bank's Line of Credit to Bank TuranAlem, Kazakhstan finances exports eligible under the Exim Policy; the agreement is effective from March 24, 2004 with last dates for opening Letters of Credit and final disbursement on March 23, 2006 and September 23, 2006 respectively. Shipments must be declared on GR/SDF forms. No agency commission is normally payable; RBI may permit up to 5% commission for exports needing after sales service, payable in Kazakhstan by invoice deduction, with Exim Bank reimbursing 90% of the f.o.b./c&f/c.i.f. value minus commission after prior approval. Directions issued under FEMA sections cited. en-us Fri, 16 Apr 2004 00:00:00 +0530 Sat, 04 Oct 2008 11:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=2078 Exim Bank's Line of Credit to Bank TuranAlem, Kazakhstan finances exports eligible under the Exim Policy; the agreement is effective from March 24, 2004 with last dates for opening Letters of Credit and final disbursement on March 23, 2006 and September 23, 2006 respectively. Shipments must be declared on GR/SDF forms. No agency commission is normally payable; RBI may permit up to 5% commission for exports needing after sales service, payable in Kazakhstan by invoice deduction, with Exim Bank reimbursing 90% of the f.o.b./c&f/c.i.f. value minus commission after prior approval. Directions issued under FEMA sections cited. Circulars FEMA Fri, 16 Apr 2004 00:00:00 +0530 https://www.taxtmi.com/circulars?id=2078