https://www.taxtmi.com/circulars?id=7928 Exim Bank's Line of Credit to Tanzania finances exports of eligible goods, equipment and consultancy services from India, requiring at least 85 per cent India sourced supply per contract while up to 15 per cent (excluding consultancy) may be procured abroad. The Credit Agreement is effective from January 11, 2010; LC opening and disbursement deadlines are 48 months from scheduled completion for project exports and 72 months from execution for other supplies. Shipments must be declared on GR/SDF forms; no agency commission under the LOC though exporters may remit commissions from their own funds or EEFC balances after realisation, subject to prevailing remittance rules. en-us Thu, 28 Jan 2010 00:00:00 +0530 Thu, 28 Jan 2010 18:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=7928 Exim Bank's Line of Credit to Tanzania finances exports of eligible goods, equipment and consultancy services from India, requiring at least 85 per cent India sourced supply per contract while up to 15 per cent (excluding consultancy) may be procured abroad. The Credit Agreement is effective from January 11, 2010; LC opening and disbursement deadlines are 48 months from scheduled completion for project exports and 72 months from execution for other supplies. Shipments must be declared on GR/SDF forms; no agency commission under the LOC though exporters may remit commissions from their own funds or EEFC balances after realisation, subject to prevailing remittance rules. Circulars FEMA Thu, 28 Jan 2010 00:00:00 +0530 https://www.taxtmi.com/circulars?id=7928