https://www.taxtmi.com/circulars?id=63313 Exim Bank's Government-supported Line of Credit finances renovation of Bulawayo Thermal Power Plant through exports eligible under India's Foreign Trade Policy, requiring at least seventy-five percent of each contract price to be supplied from India, with the remainder procurable abroad; shipments must be declared in the Export Declaration Form, no agency commission is payable under the LoC although exporters may pay from their own funds or Exchange Earners' balances after realization, and AD Category I banks must notify exporters and seek full details from Exim Bank. These directions are issued under FEMA and preserve other statutory permissions. en-us Thu, 19 Dec 2019 00:00:00 +0530 Thu, 19 Dec 2019 18:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=63313 Exim Bank's Government-supported Line of Credit finances renovation of Bulawayo Thermal Power Plant through exports eligible under India's Foreign Trade Policy, requiring at least seventy-five percent of each contract price to be supplied from India, with the remainder procurable abroad; shipments must be declared in the Export Declaration Form, no agency commission is payable under the LoC although exporters may pay from their own funds or Exchange Earners' balances after realization, and AD Category I banks must notify exporters and seek full details from Exim Bank. These directions are issued under FEMA and preserve other statutory permissions. Circulars FEMA Thu, 19 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/circulars?id=63313