https://www.taxtmi.com/circulars?id=67509 A Government of India-supported Line of Credit from Exim Bank to Guyana for aircraft procurement ties eligible exports to the Foreign Trade Policy and requires that a substantial percentage of contract value be supplied from India while allowing a residual portion to be sourced abroad; shipments must be declared on prescribed export documentation, disbursements follow the LoC timeline, and no agency commission is payable from the LoC though exporters may remit commission from their own foreign exchange subject to post realisation rules. en-us Tue, 11 Jun 2024 00:00:00 +0530 Wed, 12 Jun 2024 09:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=67509 A Government of India-supported Line of Credit from Exim Bank to Guyana for aircraft procurement ties eligible exports to the Foreign Trade Policy and requires that a substantial percentage of contract value be supplied from India while allowing a residual portion to be sourced abroad; shipments must be declared on prescribed export documentation, disbursements follow the LoC timeline, and no agency commission is payable from the LoC though exporters may remit commission from their own foreign exchange subject to post realisation rules. Circulars FEMA Tue, 11 Jun 2024 00:00:00 +0530 https://www.taxtmi.com/circulars?id=67509