https://www.taxtmi.com/circulars?id=52650 Exim Bank's Line of Credit to Vietnam finances eligible Indian exports for two projects, requiring at least 75% of the contract price to be supplied from India and permitting up to 25% of non consultancy goods and services to be procured abroad. The Credit Agreement is effective from December 27, 2013, 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, though exporters may pay commission from own resources or EEFC balances subject to realization and prevailing instructions. en-us Mon, 27 Jan 2014 00:00:00 +0530 Mon, 27 Jan 2014 18:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=52650 Exim Bank's Line of Credit to Vietnam finances eligible Indian exports for two projects, requiring at least 75% of the contract price to be supplied from India and permitting up to 25% of non consultancy goods and services to be procured abroad. The Credit Agreement is effective from December 27, 2013, 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, though exporters may pay commission from own resources or EEFC balances subject to realization and prevailing instructions. Circulars FEMA Mon, 27 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/circulars?id=52650