https://www.taxtmi.com/notifications?id=116935 The amendment substitutes Regulation 18 to require that exports on deferred payment terms or executed as turnkey projects or civil construction contracts obtain prior approval before entering into any such export arrangement. Exporters must submit proposals to the approving authority, which will consider them per Reserve Bank of India guidelines. "Approving authority" is defined as the EXIM Bank of India or the authorised dealer. en-us Thu, 12 Jun 2014 00:00:00 +0530 Wed, 16 Jul 2014 18:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=116935 The amendment substitutes Regulation 18 to require that exports on deferred payment terms or executed as turnkey projects or civil construction contracts obtain prior approval before entering into any such export arrangement. Exporters must submit proposals to the approving authority, which will consider them per Reserve Bank of India guidelines. "Approving authority" is defined as the EXIM Bank of India or the authorised dealer. Notifications FEMA Thu, 12 Jun 2014 00:00:00 +0530 https://www.taxtmi.com/notifications?id=116935