https://www.taxtmi.com/circulars?id=7974 Exim Bank's Line of Credit to the Democratic Republic of Congo finances eligible Indian exports for pump installation, mandates predominant Indian supply content with limited non Indian sourcing for non consultancy goods, prescribes separate timelines for L/C opening and disbursement for project and supply contracts, requires shipment declaration on GR/SDF forms, disallows agency commission under the LOC while permitting exporter-funded commission remittances subject to realization and prevailing rules, and directs AD Category I banks to inform exporters and obtain LOC details; issued under FEMA without prejudice to other statutory permissions. en-us Thu, 25 Feb 2010 00:00:00 +0530 Fri, 26 Feb 2010 15:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=7974 Exim Bank's Line of Credit to the Democratic Republic of Congo finances eligible Indian exports for pump installation, mandates predominant Indian supply content with limited non Indian sourcing for non consultancy goods, prescribes separate timelines for L/C opening and disbursement for project and supply contracts, requires shipment declaration on GR/SDF forms, disallows agency commission under the LOC while permitting exporter-funded commission remittances subject to realization and prevailing rules, and directs AD Category I banks to inform exporters and obtain LOC details; issued under FEMA without prejudice to other statutory permissions. Circulars FEMA Thu, 25 Feb 2010 00:00:00 +0530 https://www.taxtmi.com/circulars?id=7974