https://www.taxtmi.com/circulars?id=2080 ADs may approve trade credits (suppliers' or buyers' credit) with original maturity up to one year for all EXIM-permissible imports; maturities exceeding one year and less than three years are permitted only for imports of capital goods. Trade credits of three years or more fall under External Commercial Borrowings. ADs may not approve credits beyond the per-transaction ceiling, may not roll-over beyond permissible maturity, and must observe prescribed all-in-cost ceilings. ADs must submit monthly consolidated Form TC reports with unique identification numbers and follow specified data formats. en-us Sat, 17 Apr 2004 00:00:00 +0530 Wed, 18 Feb 2026 17:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=2080 ADs may approve trade credits (suppliers' or buyers' credit) with original maturity up to one year for all EXIM-permissible imports; maturities exceeding one year and less than three years are permitted only for imports of capital goods. Trade credits of three years or more fall under External Commercial Borrowings. ADs may not approve credits beyond the per-transaction ceiling, may not roll-over beyond permissible maturity, and must observe prescribed all-in-cost ceilings. ADs must submit monthly consolidated Form TC reports with unique identification numbers and follow specified data formats. Circulars FEMA Sat, 17 Apr 2004 00:00:00 +0530 https://www.taxtmi.com/circulars?id=2080