https://www.taxtmi.com/circulars?id=6380 The Master Circular prescribes that ECBs and Trade Credits may be raised only by eligible borrowers from recognised lenders under either an Automatic Route (for specified real sector, infrastructure and certain service sectors within prescribed annual limits, maturities and all in cost ceilings) or an Approval Route (for proposals outside those parameters), with detailed end use restrictions, security and guarantee conditions, parking of proceeds, prepayment and refinancing rules, and mandatory reporting (LRN, Form 83, ECB 2 and trade credit returns). en-us Wed, 01 Jul 2009 00:00:00 +0530 Fri, 22 Aug 2025 19:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=6380 The Master Circular prescribes that ECBs and Trade Credits may be raised only by eligible borrowers from recognised lenders under either an Automatic Route (for specified real sector, infrastructure and certain service sectors within prescribed annual limits, maturities and all in cost ceilings) or an Approval Route (for proposals outside those parameters), with detailed end use restrictions, security and guarantee conditions, parking of proceeds, prepayment and refinancing rules, and mandatory reporting (LRN, Form 83, ECB 2 and trade credit returns). Circulars FEMA Wed, 01 Jul 2009 00:00:00 +0530 https://www.taxtmi.com/circulars?id=6380