https://www.taxtmi.com/circulars?id=53469 The Export-Import Bank's LOC for Nepal finances specified infrastructure projects on condition that eligible Indian exports supply at least 75% of contract value (50% for civil works), shipments be declared on prescribed export forms, and no agency commission is payable under the LOC though exporters may use own funds or EEFC balances for commission remittances subject to AD Category-I bank approval after realisation; directions issued under FEMA remain subject to other legal permissions. en-us Thu, 14 May 2015 00:00:00 +0530 Thu, 14 May 2015 18:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=53469 The Export-Import Bank's LOC for Nepal finances specified infrastructure projects on condition that eligible Indian exports supply at least 75% of contract value (50% for civil works), shipments be declared on prescribed export forms, and no agency commission is payable under the LOC though exporters may use own funds or EEFC balances for commission remittances subject to AD Category-I bank approval after realisation; directions issued under FEMA remain subject to other legal permissions. Circulars FEMA Thu, 14 May 2015 00:00:00 +0530 https://www.taxtmi.com/circulars?id=53469