Trade Credits for Imports into India – Review of all-in-cost ceiling

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Full Text of the Document

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....er Category-I (AD Category-I) banks is invited to A.P. (DIR Series) Circular No. 44 dated November 15, 2011, A.P. (DIR Series) Circular No. 100 March 30, 2012 relating to the all-in-cost ceiling of Trade Credits for imports into India. 2. It has been decided that the all-in-cost ceiling as specified in A.P. (DIR Series) Circular No. 44 dated November 15, 2011 will continue to be applicable till....