https://www.taxtmi.com/circulars?id=52320 The Exim Bank Line of Credit for the Senegal Fisheries Development Project finances eligible exports under India's Foreign Trade Policy and requires that at least 75 percent of the contract price be supplied from India with up to 25 percent procured externally. The Credit Agreement fixes separate windows for opening Letters of Credit and disbursements for project exports and for supply contracts. Shipments must be declared on GR/SDF forms; agency commission is not payable under the LOC though exporters may use own resources or EEFC balances; AD Category I banks must ensure compliance and inform exporters. en-us Tue, 23 Jul 2013 00:00:00 +0530 Tue, 23 Jul 2013 18:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=52320 The Exim Bank Line of Credit for the Senegal Fisheries Development Project finances eligible exports under India's Foreign Trade Policy and requires that at least 75 percent of the contract price be supplied from India with up to 25 percent procured externally. The Credit Agreement fixes separate windows for opening Letters of Credit and disbursements for project exports and for supply contracts. Shipments must be declared on GR/SDF forms; agency commission is not payable under the LOC though exporters may use own resources or EEFC balances; AD Category I banks must ensure compliance and inform exporters. Circulars FEMA Tue, 23 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/circulars?id=52320