https://www.taxtmi.com/circulars?id=8556 Exim Bank's Line of Credit to Malawi finances eligible goods, services, machinery and consultancy under India's Foreign Trade Policy, requiring at least 75% of contract value to be supplied from India and permitting up to 25% procurement from outside India (excluding consultancy). The Agreement sets distinct disbursement windows for project and supply contracts. Shipments must be declared on GR/SDF forms; no agency commission is payable under the LOC, though exporters may remit commission from own resources or EEFC balances after realization, subject to prevailing authorisations. The circular is issued under FEMA and without prejudice to other laws. en-us Tue, 15 Mar 2011 00:00:00 +0530 Wed, 16 Mar 2011 10:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=8556 Exim Bank's Line of Credit to Malawi finances eligible goods, services, machinery and consultancy under India's Foreign Trade Policy, requiring at least 75% of contract value to be supplied from India and permitting up to 25% procurement from outside India (excluding consultancy). The Agreement sets distinct disbursement windows for project and supply contracts. Shipments must be declared on GR/SDF forms; no agency commission is payable under the LOC, though exporters may remit commission from own resources or EEFC balances after realization, subject to prevailing authorisations. The circular is issued under FEMA and without prejudice to other laws. Circulars FEMA Tue, 15 Mar 2011 00:00:00 +0530 https://www.taxtmi.com/circulars?id=8556