9911796707
TMI BlogExim Bank’s Line of Credit of U.S. $ 10 million to Export-Import Bank of Thailand (Exim Thailand)X X X X Extracts X X X X X X X X Extracts X X X X ..... upto an aggregate sum of US $ 10 Million (U.S. Dollars ten Million only). The credit has become effective from 30th May 2000 and is available for financing export of eligible goods and related services from India to Thailand. A list of goods eligible for export under this line of credit is given in the schedule attached to this circular. The eligible goods would also include initial spares, drawings and designs together with services related thereto. The export of goods from India and their import into Thailand shall be subject to the laws and regulations in force in both the countries. 2. The broad terms and conditions of the credit are as under: i. Every contract under the credit will require prior approval of Exim Bank. ii. The c ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... hed by the International Chamber of Commerce (Publication No.500) and shall be irrevocable and if required by a seller, be also divisible and 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% of f.o.b. contract value or c. f. contract value if goods are shipped by vessels of Indian Registry, apportionable to the relative shipment in Rupees by credit to its account with such bank in India as may be specified by the Beneficiary, plus the amount of freight/insurance as applicable in Rupees, provided the documents presented are in order and are strictly in conformity with the relevant letter of credit. 5. Where neg ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... . All copies of GR/SDF Forms should bear a prominent superscription reading "Export under Exim Bank line of credit dated 4th May, 2000 extended to Export-Import Bank of Thailand (Exim Thailand)". 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, the authorised dealer should certify the duplicate copy/ies of the relative GR/SDF form/s and forward them to the concerned Regional Office of the Reserve Bank, in the usual manner. 10. Ordinarily, no agency commission shall be payable in respect of exports financed under the above line of credit. However, Reserve Bank may consider on merits, requests for payment of commission upto a maximum extent ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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, shovels, excavators, loaders, dumpers etc. Edible Oil Mill machinery and oil expellers. Electric motors and pumps. Electronic Data Processing equipment. Fertilizer plant and equipment. Flour, rice and dal mill machinery. Food processing plant. Foundry equipment including mould making machinery, Sand and Short blasting equipment. Freight containers. Garage equipment. Gas and air separation plants. Glass and ceramic machinery. Heat Exchangers. Integrated Steel Plants (complete or in parts), mini steel plan ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... hinery. Pulp and Paper Mill machinery. Railway electrification equipment and structures and railway signalling equipment. Railway rolling stock including locomotives, wagons, coaches and trolleys. Rubber machinery. Road and construction equipment including road rollers, tar boilers, continuous batch plants, stone crushers, asphalt mixers, concrete mixers and vibrators. Ships, boats, trawlers, steamers, launches, barges. Solvent extraction machinery. Spraying equipment. Steam, diesel and petrol engines. Steel fabrication for bridges, factories etc. Steel rails and railway track equipment including sleepers, fishplates, points and crossings. Steel shuttering and scaffolding materials. Steel tanks. Sugar (including ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... / non-ferrous pipes, tubes, sheets, strips, foils, rods, wires, wire ropes. Heating and cooling equipment including air conditioners, refrigerators, water coolers. Industrial rubber products including tyres and tubes, cots and aprons, conveyor belts, rubber rollers, hose pipes. Instruments for measurement, scientific survey and for surgical applications. Industrial fasteners, bearings, valves, gears and gaskets. X-ray and other electro-medical and other hospital equipments. Office equipments including typewriters, calculators, duplicators, teleprinters. Metal and plastic furniture. Hand tools, cutting tools, grinding wheels, moulds dies. Gas cylinders, fire fighting equipment, photographic equipment, helmets, including fib ..... X X X X Extracts X X X X X X X X Extracts X X X X
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