https://www.taxtmi.com/circulars?id=61714 Export-Import Bank of India's Government-supported Line of Credit finances eligible exports for specified infrastructure projects, requiring at least seventy-five per cent of contract value to be supplied from India and the remainder possibly procured abroad. Shipments must be declared in the Export Declaration Form and the facility is subject to a terminal utilisation period from project completion and to Foreign Trade Policy eligibility. No agency commission is payable under the facility; exporters may use own funds or EEFC balances for commissions subject to AD Category I bank authorisation after realisation. Directions are issued under FEMA. en-us Thu, 11 Jul 2019 00:00:00 +0530 Thu, 11 Jul 2019 17:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=61714 Export-Import Bank of India's Government-supported Line of Credit finances eligible exports for specified infrastructure projects, requiring at least seventy-five per cent of contract value to be supplied from India and the remainder possibly procured abroad. Shipments must be declared in the Export Declaration Form and the facility is subject to a terminal utilisation period from project completion and to Foreign Trade Policy eligibility. No agency commission is payable under the facility; exporters may use own funds or EEFC balances for commissions subject to AD Category I bank authorisation after realisation. Directions are issued under FEMA. Circulars FEMA Thu, 11 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/circulars?id=61714