TaxTMI 
TaxTMI 
Application for permission to raise External Commercial Borrowing
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....ECB Division, Reserve Bank of India, Mumbai 400 001. In respect of short term loan/credit for imports, it should be submitted through the authorised dealer through whom the import documents have been received/will be received. Documentation: Following documents, (as relevant) duly certified by authorised dealer, should be forwarded with the application: • A copy of offer letter from the overseas lender/supplier furnishing complete details of the terms and conditions of proposed loan/credit arrangement. • Copies of FIPB/SIA/CCEA approvals wherever applicable. • In case the application is being made under Exporters'/Foreign Exchange Earners' Scheme, bank certificates in respect of export re....
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.... the applicant during past 3 years under US$ 5 Million Scheme RBI/GOI approval No. & date Amount outstanding Due date of final repayment 4. Details of ECB parked abroad Sr. No. Name of the bank Amount in USD equivalent No. & date of RBI permission obtained for parking funds abroad and validity period thereof PART-C INFORMATION ABOUT THE PROPOSED LOAN/CREDIT 1. Details of the l....
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.... (A) (i) Payment Terms (ii) Due date of the import bill (iii) Extension sought upto (iv) If import has already been made Value assessed as per Bill of Entry (Please enclose a copy) (B) If goods are yet to be received (i) Date of shipment (ii) Whether goods have been sold on high Seas or any such sale is contemplated ? 3. Period upto which statement giving details of drawals, utilisation & out- standing has been submitted to RBI for loans raised in the past. PART F ADDITIONAL INFORMATION IN RESPECT OF ECB UNDER USD 5/10 MILLION SCHEME....