https://www.taxtmi.com/circulars?id=57162 A Government-supported Line of Credit from Exim Bank finances export of eligible goods and services for a specified Zambian health project, requiring at least 75 per cent of contract value to be supplied from India and permitting up to 25 per cent procurement abroad. Shipments must be declared in the Export Declaration Form per Reserve Bank instructions. No agency commission is payable under the LoC, though exporters may use own funds or Exchange Earners' Foreign Currency Account balances to pay commission in free foreign exchange subject to realisation and extant remittance rules. en-us Thu, 12 Jul 2018 00:00:00 +0530 Thu, 12 Jul 2018 18:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=57162 A Government-supported Line of Credit from Exim Bank finances export of eligible goods and services for a specified Zambian health project, requiring at least 75 per cent of contract value to be supplied from India and permitting up to 25 per cent procurement abroad. Shipments must be declared in the Export Declaration Form per Reserve Bank instructions. No agency commission is payable under the LoC, though exporters may use own funds or Exchange Earners' Foreign Currency Account balances to pay commission in free foreign exchange subject to realisation and extant remittance rules. Circulars FEMA Thu, 12 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/circulars?id=57162