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Exim Bank's GoI supported Line of Credit of USD 18.08 million to the Government of Republic of Chad

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..... Chad Export-Import Bank of India (Exim Bank) has entered into an agreement on August 6, 2014 with the Government of Republic of Chad, for making available to the latter, a line of credit (LOC) of USD 18.08 million (USD Eighteen Million and Eighty Thousand) for financing veterinary pharmaceutical manufacturing plant in the Republic of Chad. The goods, machinery, equipment and services includin .....

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..... it and disbursement will be 48 months from the scheduled completion date[s] of contract[s] in the case of project exports and 72 months from the execution date of the credit agreement in the case of other supply contracts. 3. Shipments under the LOC will have to be declared on EDF/ SDF Forms as per instructions issued by the Reserve Bank from time to time. 4. No agency commission is payable .....

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..... ssued under sections 10(4) and 11(1) of the Foreign Exchange Management Act (FEMA), 1999 (42 of 1999) and are without prejudice to permissions / approvals, if any, required under any other law. Yours faithfully, (A. K. Pandey) Chief General Manager - Circular - Trade Notice - Public Notice - Instructions - Office orders Tax Management India - taxmanagementindia - tax .....

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