https://www.taxtmi.com/circulars?id=52263 Exim Bank's LOC to the Government of Seychelles finances eligible imports from India subject to Foreign Trade Policy eligibility, a requirement that at least 75 percent of contract value be supplied from India (with limited relaxations for civil construction), prescribed disbursement timelines for project and supply contracts, declaration of shipments on GR/SDF forms, prohibition on payable agency commission under the LOC with limited remittance options, and issuance of directions to AD Category I banks under FEMA. en-us Mon, 08 Jul 2013 00:00:00 +0530 Tue, 09 Jul 2013 09:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=52263 Exim Bank's LOC to the Government of Seychelles finances eligible imports from India subject to Foreign Trade Policy eligibility, a requirement that at least 75 percent of contract value be supplied from India (with limited relaxations for civil construction), prescribed disbursement timelines for project and supply contracts, declaration of shipments on GR/SDF forms, prohibition on payable agency commission under the LOC with limited remittance options, and issuance of directions to AD Category I banks under FEMA. Circulars FEMA Mon, 08 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/circulars?id=52263