https://www.taxtmi.com/circulars?id=11770 Exim Bank's Line of Credit to Chad finances eligible goods, services, machinery, equipment and consultancy from India under India's Foreign Trade Policy. Contracts must source a substantial portion of supplies from India while allowing limited external procurement for non consultancy goods. The Credit Agreement is effective from July 26, 2012 with specified deadlines for opening Letters of Credit and disbursements for project and supply contracts. 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 realisation and AD Category I bank procedures. Directions issued under FEMA sections 10(4) and 11(1). en-us Mon, 13 Aug 2012 00:00:00 +0530 Tue, 14 Aug 2012 10:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=11770 Exim Bank's Line of Credit to Chad finances eligible goods, services, machinery, equipment and consultancy from India under India's Foreign Trade Policy. Contracts must source a substantial portion of supplies from India while allowing limited external procurement for non consultancy goods. The Credit Agreement is effective from July 26, 2012 with specified deadlines for opening Letters of Credit and disbursements for project and supply contracts. 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 realisation and AD Category I bank procedures. Directions issued under FEMA sections 10(4) and 11(1). Circulars FEMA Mon, 13 Aug 2012 00:00:00 +0530 https://www.taxtmi.com/circulars?id=11770