Should the proposed ECB be added to all outstanding ECBs for arriving at the individual limit for raising of ECBs?

Should the proposed ECB be added to all outstanding ECBs for arriving at the individual limit for raising of ECBs? https://www.taxtmi.com/manuals?id=5839 The proposed External Commercial Borrowing is included in an applicant's individual limit for raising ECBs under the automatic route for the same financial year; refinancing amounts are excluded from that calculation; and the limit is restored at the beginning of the next financial year. en-us Thu, 21 Nov 2024 14:17:00 +0530 Thu, 21 Nov 2024 14:17:00 +0530 TaxTMI RSS Generator Should the proposed ECB be added to all outstanding ECBs for arriving at the individual limit for raising of ECBs? https://www.taxtmi.com/manuals?id=5839 The proposed External Commercial Borrowing is included in an applicant's individual limit for raising ECBs under the automatic route for the same financial year; refinancing amounts are excluded from that calculation; and the limit is restored at the beginning of the next financial year. Manuals FEMA Thu, 21 Nov 2024 14:17:00 +0530 https://www.taxtmi.com/manuals?id=5839