https://www.taxtmi.com/circulars?id=4213 Exim Bank's Line of Credit to the Government of Nepal finances eligible exports of goods, services and consultancy from India for specified infrastructure projects, requiring minimum Indian-sourced supply content (85% for specified hydro repairs, 70% for transmission/interconnectivity, 50% for other projects). The Credit Agreement fixes effective and disbursement timelines, mandates declaration of shipments on foreign exchange forms, disallows agency commission under the LOC while permitting exporter-funded commission from own resources or EEFC balances subject to realisation and remittance rules, and is issued under FEMA without prejudice to other statutory permissions. en-us Mon, 31 Mar 2008 00:00:00 +0530 Wed, 01 Oct 2008 10:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=4213 Exim Bank's Line of Credit to the Government of Nepal finances eligible exports of goods, services and consultancy from India for specified infrastructure projects, requiring minimum Indian-sourced supply content (85% for specified hydro repairs, 70% for transmission/interconnectivity, 50% for other projects). The Credit Agreement fixes effective and disbursement timelines, mandates declaration of shipments on foreign exchange forms, disallows agency commission under the LOC while permitting exporter-funded commission from own resources or EEFC balances subject to realisation and remittance rules, and is issued under FEMA without prejudice to other statutory permissions. Circulars FEMA Mon, 31 Mar 2008 00:00:00 +0530 https://www.taxtmi.com/circulars?id=4213