TaxTMI 
TaxTMI 
Exim Bank's Line of Credit of US $ 10 million to Banco Nacional de Comercio Exterior, S.N.C.,Mexico
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....ovember 28, 2001,making available to the latter, a line of credit upto an aggregate sum of US$ 10 million (U.S.Dollar Ten Million only). The credit has become effective from January 9, 2002, and is available for financing Indian export of eligible goods (listed in the Annexure) and related services to buyers in the borrower's country i.e. Mexico or any other country as may be requested by the buyer and approved by the borrower except to a country with which India may not have bilateral relations or on which any sanctions or embargo may have been imposed. The eligible goods will also include initial spares, drawings and designs together with services related thereto. The export of goods from India and their import into the borrower's country....
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....the negotiating bank in India as may be designated from time to time by Exim Bank in consultation with Bancomext. Negotiating banks from India need to be registered with the Ministry of Finance, Government of Mexico. The letter of credit shall be subject to the Uniform Customs and Practice for Documentary Credits (1994 edition) published by the International Chamber of Commerce (Publication No.500) and shall be irrevocable and if required by a seller, be also transferable. 4. Upon presentation of documents by the beneficiary to the negotiating bank, the negotiating bank shall pay to the beneficiary an amount being not more than 90 per cent of f.o.b./c&f/c.i.f. contract value, apportionable to the relative shipment, in equivalent Indian R....
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....he buyers, details of service fee and other charges payable by the exporters on the contract to be covered under the above Line of Credit. 9. The terminal dates for opening letters of credit and utilisation of credit are January 8, 2003, and July 8, 2003, respectively. 10. Shipments under the credit will have to be declared on GR/SDF Forms as usual. All copies of GR/SDF Forms should bear a prominent superscription reading 'Export under Exim Bank line of credit dated November 28, 2001, extended to Banco Nacional de Comercio Exterior, S.N.C.(Bancomext) Mexico.' The number and date of this circular should be recorded in the space provided for. On receipt of full payment of the bills in the manner stated above, authorised dealer should ce....
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....exhaust fans • Alcohol and brewery plant • Aluminium plant and equipment • Asbestos cement machinery • Cement machinery • Cinematographic equipment for motion picture and television studios • Chemical and pharmaceutical plant and machinery • Cigarette making machinery • Coffee processing machinery • Coke oven plant and equipment • Coke oven refractories • Control and Process Instruments including X-Ray equipment for Industrial Applications • Copper Ore concentration machinery • Dairy equipment and animal feed plant • Earth moving equipment like crawler tractors,....
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....ist, not specified separately in this Part • Material handling equipment like fork lifts, electric lifts, cranes, hoists etc. and conveyor systems • Metal working machinery • Mining machinery • Motor vehicles and chassis, including three-wheelers • Oil drilling rigs • Oil refinery equipment • Packaging and weighing machinery • Pile foundation machinery • Plastic machinery • Power generation, transmission and distribution equipment including boilers, generators, transformers, switchgears, transmission line towers, conductors, cables, sub-station equipment and protective equipment • Power line carrier ....
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....arge diameter fabricated steel pipes, C.I. spun pipes and storage tanks, water treatment and sewage treatment plant • Weigh bridges • Welding machinery • Wood working machinery PART 'B' • Agricultural implements • Auto parts • Bicycles, motorcycles, scooters, mopeds and parts • Construction materials including sanitaryware, tiles and precast cement products, false ceiling, flooring materials, pipes, decorative laminates, fittings, electricals and steel/aluminium doors and windows, provided they are exported as separate items and not as items forming part of civil construction/turnkey projects • Agrigultural chemicals and industrial che....