https://www.taxtmi.com/circulars?id=57636 Exim Bank's Government of India supported line of credit to Madagascar finances completion of a fertilizer project, requiring at least 75 per cent Indian supplied goods and services, allowing up to 25 per cent foreign procurement, effective October 2018 with a sixty month terminal utilisation period; shipments must be declared in the Export Declaration Form and agency commission is not payable under the LoC though exporters may remit commission from own funds or EEFC balances subject to realisation and AD Category I bank compliance under FEMA directions. en-us Thu, 15 Nov 2018 00:00:00 +0530 Thu, 15 Nov 2018 17:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=57636 Exim Bank's Government of India supported line of credit to Madagascar finances completion of a fertilizer project, requiring at least 75 per cent Indian supplied goods and services, allowing up to 25 per cent foreign procurement, effective October 2018 with a sixty month terminal utilisation period; shipments must be declared in the Export Declaration Form and agency commission is not payable under the LoC though exporters may remit commission from own funds or EEFC balances subject to realisation and AD Category I bank compliance under FEMA directions. Circulars FEMA Thu, 15 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/circulars?id=57636