https://www.taxtmi.com/circulars?id=5387 Exim Bank's LOC to the Government of Rwanda finances eligible Indian goods, services and consultancy for a power project, requiring at least 85 per cent of contract value to be supplied from India with the remainder (excluding consultancy) procurable abroad; the Credit Agreement effective October 15, 2008 prescribes distinct latest dates for opening Letters of Credit and disbursement for project and supply contracts. Shipments must be declared on GR/SDF forms. No agency commission is payable under the LOC, though exporters may pay commissions from own resources or EEFC balances subject to AD Category-I bank compliance rules and FEMA directions. en-us Wed, 05 Nov 2008 00:00:00 +0530 Wed, 05 Nov 2008 16:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=5387 Exim Bank's LOC to the Government of Rwanda finances eligible Indian goods, services and consultancy for a power project, requiring at least 85 per cent of contract value to be supplied from India with the remainder (excluding consultancy) procurable abroad; the Credit Agreement effective October 15, 2008 prescribes distinct latest dates for opening Letters of Credit and disbursement for project and supply contracts. Shipments must be declared on GR/SDF forms. No agency commission is payable under the LOC, though exporters may pay commissions from own resources or EEFC balances subject to AD Category-I bank compliance rules and FEMA directions. Circulars FEMA Wed, 05 Nov 2008 00:00:00 +0530 https://www.taxtmi.com/circulars?id=5387