https://www.taxtmi.com/circulars?id=62006 Exim Bank's Government of India supported Line of Credit to Seychelles finances exports from India that comply with the Foreign Trade Policy and LoC eligibility, requires at least seventy five percent of contract value to be supplied from India, mandates shipment reporting in the Export Declaration Form, prescribes terminal utilization periods linked to project completion or LoC execution, disallows agency commission under the LoC (subject to remittance from exporter resources or EEFC balances after realisation), and issues directions to AD Category I banks under FEMA without prejudice to other approvals. en-us Thu, 25 Jul 2019 00:00:00 +0530 Thu, 25 Jul 2019 18:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=62006 Exim Bank's Government of India supported Line of Credit to Seychelles finances exports from India that comply with the Foreign Trade Policy and LoC eligibility, requires at least seventy five percent of contract value to be supplied from India, mandates shipment reporting in the Export Declaration Form, prescribes terminal utilization periods linked to project completion or LoC execution, disallows agency commission under the LoC (subject to remittance from exporter resources or EEFC balances after realisation), and issues directions to AD Category I banks under FEMA without prejudice to other approvals. Circulars FEMA Thu, 25 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/circulars?id=62006