https://www.taxtmi.com/circulars?id=11193 Exim Bank's Line of Credit to Mozambique finances eligible Indian exports for agricultural productivity; at least 75 percent of contract value for goods and services (including consultancy) must be supplied from India while up to 25 percent of non consultancy goods may be procured abroad. Shipments must be declared on GR/SDF forms; no agency commission is payable under the LOC though exporters may remit commission from their own resources or EEFC balances after realization. AD Category I banks must inform exporters. Directions are issued under FEMA without prejudice to other statutory permissions. en-us Mon, 25 Jul 2011 00:00:00 +0530 Mon, 25 Jul 2011 15:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=11193 Exim Bank's Line of Credit to Mozambique finances eligible Indian exports for agricultural productivity; at least 75 percent of contract value for goods and services (including consultancy) must be supplied from India while up to 25 percent of non consultancy goods may be procured abroad. Shipments must be declared on GR/SDF forms; no agency commission is payable under the LOC though exporters may remit commission from their own resources or EEFC balances after realization. AD Category I banks must inform exporters. Directions are issued under FEMA without prejudice to other statutory permissions. Circulars FEMA Mon, 25 Jul 2011 00:00:00 +0530 https://www.taxtmi.com/circulars?id=11193