https://www.taxtmi.com/forum/issue?id=5094 Remittances against imports must be completed within six months from shipment except where amounts are withheld; AD Category I banks may permit delayed settlement for disputes or financial difficulties and may allow interest on overdue or usance bills for delays under three years at prescribed trade credit rates. Pre payments require deduction of proportionate interest for the unexpired usance at the claimed rate or prevailing LIBOR; absent a separate interest claim, deduction is at prevailing LIBOR. en-us Tue, 25 Dec 2012 13:02:22 +0530 Thu, 23 Jan 2025 15:57:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=5094 Remittances against imports must be completed within six months from shipment except where amounts are withheld; AD Category I banks may permit delayed settlement for disputes or financial difficulties and may allow interest on overdue or usance bills for delays under three years at prescribed trade credit rates. Pre payments require deduction of proportionate interest for the unexpired usance at the claimed rate or prevailing LIBOR; absent a separate interest claim, deduction is at prevailing LIBOR. Discussion-Forum FEMA Tue, 25 Dec 2012 13:02:22 +0530 https://www.taxtmi.com/forum/issue?id=5094