https://www.taxtmi.com/circulars?id=11428 Exim Bank's Line of Credit finances eligible Indian exports for a Maldives housing project, requiring at least 75 per cent of contract value to be supplied from India and permitting up to 25 per cent non consultancy procurement abroad; shipments must be declared on GR/SDF forms, no agency commission is payable under the LOC (exporters may use own funds or EEFC balances for commission subject to AD Category I compliance), and timelines for L/C opening and disbursement vary by contract type under RBI directions issued under the Foreign Exchange Management Act. en-us Tue, 27 Dec 2011 00:00:00 +0530 Tue, 27 Dec 2011 16:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=11428 Exim Bank's Line of Credit finances eligible Indian exports for a Maldives housing project, requiring at least 75 per cent of contract value to be supplied from India and permitting up to 25 per cent non consultancy procurement abroad; shipments must be declared on GR/SDF forms, no agency commission is payable under the LOC (exporters may use own funds or EEFC balances for commission subject to AD Category I compliance), and timelines for L/C opening and disbursement vary by contract type under RBI directions issued under the Foreign Exchange Management Act. Circulars FEMA Tue, 27 Dec 2011 00:00:00 +0530 https://www.taxtmi.com/circulars?id=11428