https://www.taxtmi.com/circulars?id=8290 Exim Bank extended a Line of Credit to Ghana to finance eligible India-origin goods, services and consultancy for specified projects and supply contracts, requiring a substantial India-sourced share of contract value, distinct timelines for Letters of Credit and disbursement by contract type, mandatory declaration of shipments on GR/SDF forms, prohibition of agency commission under the LOC subject to permitted remittance from exporter funds or EEFC balances after full payment, and duties on Category I Authorised Dealer banks to notify exporters and facilitate compliant remittances, with directions issued under regulatory powers without prejudice to other statutory permissions. en-us Wed, 13 Oct 2010 00:00:00 +0530 Wed, 13 Oct 2010 16:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=8290 Exim Bank extended a Line of Credit to Ghana to finance eligible India-origin goods, services and consultancy for specified projects and supply contracts, requiring a substantial India-sourced share of contract value, distinct timelines for Letters of Credit and disbursement by contract type, mandatory declaration of shipments on GR/SDF forms, prohibition of agency commission under the LOC subject to permitted remittance from exporter funds or EEFC balances after full payment, and duties on Category I Authorised Dealer banks to notify exporters and facilitate compliant remittances, with directions issued under regulatory powers without prejudice to other statutory permissions. Circulars FEMA Wed, 13 Oct 2010 00:00:00 +0530 https://www.taxtmi.com/circulars?id=8290