https://www.taxtmi.com/circulars?id=61497 Exim Bank's Government of India supported Line of Credit to Ghana finances export of goods and services eligible under India's Foreign Trade Policy, with at least seventy-five percent of contract value supplied from India and up to twenty-five percent procured abroad. The LoC is effective June 03, 2019 with a terminal utilization period of sixty months after scheduled project completion. Shipments must be declared in the Export Declaration Form. No agency commission is payable under the LoC, though exporters may pay commission from their own resources or EEFC balances after realization and compliance; AD Category I banks must notify exporters and permit remittances subject to instructions. The directions are issued under FEMA. en-us Thu, 13 Jun 2019 00:00:00 +0530 Thu, 13 Jun 2019 18:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=61497 Exim Bank's Government of India supported Line of Credit to Ghana finances export of goods and services eligible under India's Foreign Trade Policy, with at least seventy-five percent of contract value supplied from India and up to twenty-five percent procured abroad. The LoC is effective June 03, 2019 with a terminal utilization period of sixty months after scheduled project completion. Shipments must be declared in the Export Declaration Form. No agency commission is payable under the LoC, though exporters may pay commission from their own resources or EEFC balances after realization and compliance; AD Category I banks must notify exporters and permit remittances subject to instructions. The directions are issued under FEMA. Circulars FEMA Thu, 13 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/circulars?id=61497