https://www.taxtmi.com/circulars?id=5403 Exim Bank's Line of Credit to the Government of the Syrian Arab Republic finances exports of goods eligible under India's Foreign Trade Policy, covering a large portion of the FOB/CFR/CIF contract price. The facility has separate cut off periods for letters of credit and disbursement for project and supply contracts. Shipments must be declared on GR/SDF forms. No agency commission is payable from the LOC; exporters may use their own funds or EEFC balances for commission subject to realisation and prevailing rules. AD Category I banks must inform exporters and ensure compliance with FEMA directions and other applicable approvals. en-us Fri, 14 Nov 2008 00:00:00 +0530 Fri, 14 Nov 2008 16:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=5403 Exim Bank's Line of Credit to the Government of the Syrian Arab Republic finances exports of goods eligible under India's Foreign Trade Policy, covering a large portion of the FOB/CFR/CIF contract price. The facility has separate cut off periods for letters of credit and disbursement for project and supply contracts. Shipments must be declared on GR/SDF forms. No agency commission is payable from the LOC; exporters may use their own funds or EEFC balances for commission subject to realisation and prevailing rules. AD Category I banks must inform exporters and ensure compliance with FEMA directions and other applicable approvals. Circulars FEMA Fri, 14 Nov 2008 00:00:00 +0530 https://www.taxtmi.com/circulars?id=5403