https://www.taxtmi.com/circulars?id=7664 Exim Bank's Line of Credit finances eligible Indian exports for rural electrification in Mozambique, requiring at least eighty five percent of contract value to be supplied from India and permitting up to fifteen percent procurement from outside India (excluding consultancy). Shipments must be reported on GR/SDF forms; no agency commission is payable from the LOC though exporters may use their own or EEFC funds subject to prevailing rules. AD Category I banks must notify exporters and may permit commission remittances after realisation; directions are issued under FEMA. en-us Thu, 24 Sep 2009 00:00:00 +0530 Fri, 30 Oct 2009 16:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=7664 Exim Bank's Line of Credit finances eligible Indian exports for rural electrification in Mozambique, requiring at least eighty five percent of contract value to be supplied from India and permitting up to fifteen percent procurement from outside India (excluding consultancy). Shipments must be reported on GR/SDF forms; no agency commission is payable from the LOC though exporters may use their own or EEFC funds subject to prevailing rules. AD Category I banks must notify exporters and may permit commission remittances after realisation; directions are issued under FEMA. Circulars FEMA Thu, 24 Sep 2009 00:00:00 +0530 https://www.taxtmi.com/circulars?id=7664