https://www.taxtmi.com/circulars?id=4310 External Commercial Borrowings for the services sector are permitted for hotels, hospitals and software companies to finance import of capital goods under the Approval Route while all other ECB policy conditions remain unchanged; existing trade credit provisions for imports of capital goods continue, the amendment is effective immediately and regulatory amendments will follow, with Authorised Dealer Category I banks required to notify constituents and the measure issued under the statutory foreign exchange powers. en-us Mon, 02 Jun 2008 00:00:00 +0530 Wed, 01 Oct 2008 10:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=4310 External Commercial Borrowings for the services sector are permitted for hotels, hospitals and software companies to finance import of capital goods under the Approval Route while all other ECB policy conditions remain unchanged; existing trade credit provisions for imports of capital goods continue, the amendment is effective immediately and regulatory amendments will follow, with Authorised Dealer Category I banks required to notify constituents and the measure issued under the statutory foreign exchange powers. Circulars FEMA Mon, 02 Jun 2008 00:00:00 +0530 https://www.taxtmi.com/circulars?id=4310