Exim Bank's Government of India supported Line of Credit of USD 24.54 million to the Government of the Republic of Ghana

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..... the Government of the Republic of Ghana Export-Import Bank of India (Exim Bank) has entered into an agreement on November 22, 2016 with the Government of the Republic of Ghana for making available to the latter, a Government of India supported Line of Credit (LoC) of USD 24.54 million (USD Twenty four million and five hundred forty thousand only) for the purpose of financing sugarcane develop .....

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..... he eligible contract from outside India. 2. The Agreement under the LoC is effective from July 07, 2017. Under the LoC, the terminal utilization period is 60 months after the scheduled completion date of the project. 3. Shipments under the LoC will have to be declared on Export Declaration Form as per instructions issued by the Reserve Bank from time to time. 4. No agency commission is pa .....

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

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