https://www.taxtmi.com/circulars?id=8234 Exim Bank made a Line of Credit available to Suriname to finance eligible India-sourced goods and services for helicopter purchase, requiring at least 85% of contract value to be supplied from India and permitting up to 15% of non-consultancy inputs from abroad. The Credit is effective from July 28, 2010, with LC/disbursement timelines of 48 months for project exports and 72 months for supply contracts. Shipments must be declared on GR/SDF forms. No agency commission is payable under the LOC, though exporters may use own funds or EEFC balances for commission remittances subject to AD Category-I bank approval and prevailing rules. Directions issued under FEMA sections 10(4) and 11(1). en-us Wed, 25 Aug 2010 00:00:00 +0530 Thu, 26 Aug 2010 10:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=8234 Exim Bank made a Line of Credit available to Suriname to finance eligible India-sourced goods and services for helicopter purchase, requiring at least 85% of contract value to be supplied from India and permitting up to 15% of non-consultancy inputs from abroad. The Credit is effective from July 28, 2010, with LC/disbursement timelines of 48 months for project exports and 72 months for supply contracts. Shipments must be declared on GR/SDF forms. No agency commission is payable under the LOC, though exporters may use own funds or EEFC balances for commission remittances subject to AD Category-I bank approval and prevailing rules. Directions issued under FEMA sections 10(4) and 11(1). Circulars FEMA Wed, 25 Aug 2010 00:00:00 +0530 https://www.taxtmi.com/circulars?id=8234