https://www.taxtmi.com/circulars?id=2170 A line of credit from Exim Bank to the Government of Gambia became effective May 26, 2006 to finance eligible exports for a tractor assembly project. Terminal dates for opening Letters of Credit and disbursement differ for project exports and other supply contracts; shipments must be declared on GR/SDF forms. No agency commission is payable from the credit, though exporters may use own foreign exchange or EEFC balances for commission subject to realisation and instructions. Authorised Dealer banks must notify exporters and may permit commission remittance after full payment realisation. Directions issued under sections 10(4) and 11(1) of FEMA. en-us Thu, 15 Jun 2006 00:00:00 +0530 Fri, 03 Oct 2008 10:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=2170 A line of credit from Exim Bank to the Government of Gambia became effective May 26, 2006 to finance eligible exports for a tractor assembly project. Terminal dates for opening Letters of Credit and disbursement differ for project exports and other supply contracts; shipments must be declared on GR/SDF forms. No agency commission is payable from the credit, though exporters may use own foreign exchange or EEFC balances for commission subject to realisation and instructions. Authorised Dealer banks must notify exporters and may permit commission remittance after full payment realisation. Directions issued under sections 10(4) and 11(1) of FEMA. Circulars FEMA Thu, 15 Jun 2006 00:00:00 +0530 https://www.taxtmi.com/circulars?id=2170