https://www.taxtmi.com/circulars?id=2085 A Line of Credit from Exim Bank to Republic Bank, Trinidad and Tobago finances exports of eligible Indian goods and services, subject to specified deadlines for letters of credit and disbursement and mandatory GR/SDF shipment declarations. No agency commission is ordinarily payable, but the Reserve Bank may permit up to 5 per cent commission for exports requiring after sales service; such commission must be paid in the buyer's jurisdiction by deduction from invoice, reimbursement will be 90 per cent of invoice value minus commission, and prior approval is required. en-us Wed, 19 May 2004 00:00:00 +0530 Sat, 04 Oct 2008 11:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=2085 A Line of Credit from Exim Bank to Republic Bank, Trinidad and Tobago finances exports of eligible Indian goods and services, subject to specified deadlines for letters of credit and disbursement and mandatory GR/SDF shipment declarations. No agency commission is ordinarily payable, but the Reserve Bank may permit up to 5 per cent commission for exports requiring after sales service; such commission must be paid in the buyer's jurisdiction by deduction from invoice, reimbursement will be 90 per cent of invoice value minus commission, and prior approval is required. Circulars FEMA Wed, 19 May 2004 00:00:00 +0530 https://www.taxtmi.com/circulars?id=2085