https://www.taxtmi.com/circulars?id=2636 Exim Bank provided a Line of Credit to finance eligible project and supply contracts for Sudan, requiring at least 85% of the contract price to be supplied from India or be of Indian origin. The Credit Agreement is effective from late March 2007 with specified terminal utilisation periods for project and supply contracts; shipments must be declared on GR/SDF forms. No agency commission is payable under this LOC, though exporters may remit commission from their own resources or EEFC balances after full realisation and compliance with prevailing rules. Directions are issued under FEMA and AD Category I banks must inform exporters and obtain full details from Exim Bank. en-us Thu, 26 Apr 2007 00:00:00 +0530 Mon, 06 Oct 2008 12:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=2636 Exim Bank provided a Line of Credit to finance eligible project and supply contracts for Sudan, requiring at least 85% of the contract price to be supplied from India or be of Indian origin. The Credit Agreement is effective from late March 2007 with specified terminal utilisation periods for project and supply contracts; shipments must be declared on GR/SDF forms. No agency commission is payable under this LOC, though exporters may remit commission from their own resources or EEFC balances after full realisation and compliance with prevailing rules. Directions are issued under FEMA and AD Category I banks must inform exporters and obtain full details from Exim Bank. Circulars FEMA Thu, 26 Apr 2007 00:00:00 +0530 https://www.taxtmi.com/circulars?id=2636