https://www.taxtmi.com/circulars?id=2821 A Line of Credit from Export-Import Bank of India to the Government of the Republic of Mali finances eligible exports including consultancy for an electricity transmission and distribution project, requiring at least eighty-five percent of goods and services to be supplied from India. The Credit Agreement is effective from July 2007 with separate utilisation periods for project and other supply contracts. Shipments must be declared on GR/SDF forms. No agency commission is payable under the LOC, though exporters may use their own funds or EEFC balances for commission payments subject to AD Category - I bank compliance. Directions are issued under FEMA and do not affect other statutory approvals. en-us Fri, 17 Aug 2007 00:00:00 +0530 Mon, 06 Oct 2008 13:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=2821 A Line of Credit from Export-Import Bank of India to the Government of the Republic of Mali finances eligible exports including consultancy for an electricity transmission and distribution project, requiring at least eighty-five percent of goods and services to be supplied from India. The Credit Agreement is effective from July 2007 with separate utilisation periods for project and other supply contracts. Shipments must be declared on GR/SDF forms. No agency commission is payable under the LOC, though exporters may use their own funds or EEFC balances for commission payments subject to AD Category - I bank compliance. Directions are issued under FEMA and do not affect other statutory approvals. Circulars FEMA Fri, 17 Aug 2007 00:00:00 +0530 https://www.taxtmi.com/circulars?id=2821