https://www.taxtmi.com/circulars?id=61715 A Government-supported Line of Credit to finance health-sector upgrades is conditioned on at least 65% of contract value being supplied from India, up to 35% procurement from outside India, equipment purchases from Indian manufacturers with a minimum three-year warranty plus long-term maintenance, and preference for Indian-sourced drugs. Shipments must be declared in the Export Declaration Form; no agency commission is payable though exporters may remit commission from their own funds or EEFC balances after realisation. Authorised Dealer Category I banks must notify exporters and refer them to the financing institution for full LoC details. en-us Thu, 11 Jul 2019 00:00:00 +0530 Thu, 11 Jul 2019 17:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=61715 A Government-supported Line of Credit to finance health-sector upgrades is conditioned on at least 65% of contract value being supplied from India, up to 35% procurement from outside India, equipment purchases from Indian manufacturers with a minimum three-year warranty plus long-term maintenance, and preference for Indian-sourced drugs. Shipments must be declared in the Export Declaration Form; no agency commission is payable though exporters may remit commission from their own funds or EEFC balances after realisation. Authorised Dealer Category I banks must notify exporters and refer them to the financing institution for full LoC details. Circulars FEMA Thu, 11 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/circulars?id=61715