https://www.taxtmi.com/circulars?id=64676 A Government of India-supported Exim Bank Line of Credit finances exports for the Greater Male Connectivity project in Maldives, conditioned on Foreign Trade Policy eligibility and requiring that at least 75 percent of the contract price be supplied from India with up to 25 percent procured outside India. Shipments must be declared in the Export Declaration Form. No agency commission is payable under the LoC, though exporters may use their own funds or EEFC balances for commission remittances after full realization, subject to AD Category I bank compliance and existing instructions. en-us Thu, 11 Feb 2021 00:00:00 +0530 Thu, 11 Feb 2021 17:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=64676 A Government of India-supported Exim Bank Line of Credit finances exports for the Greater Male Connectivity project in Maldives, conditioned on Foreign Trade Policy eligibility and requiring that at least 75 percent of the contract price be supplied from India with up to 25 percent procured outside India. Shipments must be declared in the Export Declaration Form. No agency commission is payable under the LoC, though exporters may use their own funds or EEFC balances for commission remittances after full realization, subject to AD Category I bank compliance and existing instructions. Circulars FEMA Thu, 11 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/circulars?id=64676