https://www.taxtmi.com/circulars?id=66206 Exim Bank's Government of India supported Line of Credit to the Maldives finances new projects and spill over costs, requires at least 75 per cent of contract value to be supplied from India, mandates Export Declaration Form/Shipping Bill filings per RBI instructions, imposes a terminal utilization period of 48 months from scheduled project completion, disallows agency commission under the LoC (though exporters may use own funds or EEFC balances subject to realization and instructions), and directs AD Category I banks to notify exporters and permit compliant remittances; directions issued under FEMA remain without prejudice to other statutory permissions. en-us Thu, 16 Feb 2023 00:00:00 +0530 Thu, 16 Feb 2023 18:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=66206 Exim Bank's Government of India supported Line of Credit to the Maldives finances new projects and spill over costs, requires at least 75 per cent of contract value to be supplied from India, mandates Export Declaration Form/Shipping Bill filings per RBI instructions, imposes a terminal utilization period of 48 months from scheduled project completion, disallows agency commission under the LoC (though exporters may use own funds or EEFC balances subject to realization and instructions), and directs AD Category I banks to notify exporters and permit compliant remittances; directions issued under FEMA remain without prejudice to other statutory permissions. Circulars FEMA Thu, 16 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/circulars?id=66206