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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....ler banks is invited to the A.P. (DIR Series) Circular No. 98 dated April 09, 2013 relating to all-in-cost ceiling of Trade Credits for imports into India. 2. On a review it has been decided that the all-in-cost ceiling as specified under paragraph 4 of A.P. (DIR Series) Circular No.28 dated September 11, 2012 will continue to be applicable till September 30, 2013 and is subject to review there....