Wait...
  1. Home >
  2. Notifications >
  3. RBI >
  4. A.P.D.(Series) Circulars >
  5. Exim Bank's Line of Credit >
  6. Import Export Data, Export Import shipment data from Customs

Online Export Import Data Search

Recent Searches: No Recent Searches
Complete Training Video : Click Here

Date: 13-06-2019
Notification No: A.P. (DIR Series) Circular No.36
Issuing Authority: RBI  
Type: A.P.D.(Series) Circulars
File No: RBI/2018-19/212
Subject: Exim Bank's Government of India supported Line of Credit of USD 95 million to the Government of the Republic of Mozambique

RBI/2018-19/212
A.P. (DIR Series) Circular No.36

June 13, 2019

All Category – I Authorised Dealer Banks
Madam/Sir

Exim Bank's Government of India supported Line of Credit of USD 95 million to the Government of the Republic of Mozambique

Export-Import Bank of India (Exim Bank) has entered into an agreement dated December 31, 2018 with the Government of the Republic of Mozambique for making available to the latter, a Government of India supported Line of Credit (LoC) of USD 95 million (USD Ninety Five Million only) for the purpose of financing procurement of railway rolling stock including locomotives, coaches and wagons in the Republic of Mozambique. Under the arrangement, financing of export of eligible goods and services from India, as defined under the agreement, would be allowed subject to their being eligible for export under the Foreign Trade Policy of the Government of India and whose purchase may be agreed to be financed by the Exim Bank under this agreement. Out of the total credit by Exim Bank under this agreement, goods, works and services of the value of at least 75 per cent of the contract price shall be supplied by the Seller from India and the remaining 25 per cent of goods and services may be procured by the Seller for the purpose of the eligible contract from outside India.

2. The Agreement under the LoC is effective from June 03, 2019. Under the LoC, the terminal utilization period is 60 months after the scheduled completion date of the project.

3. Shipments under the LoC shall be declared in Export Declaration Form as per instructions issued by the Reserve Bank from time to time.

4. No agency commission is payable for export under the above LoC. However, if required, the exporter may use his own resources or utilize balances in his Exchange Earners’ Foreign Currency Account for payment of commission in free foreign exchange. Authorised Dealer Category- I (AD Category- I) banks may allow such remittance after realization of full eligible value of export subject to compliance with the extant instructions for payment of agency commission.

5. AD Category – I banks may bring the contents of this circular to the notice of their exporter constituents and advise them to obtain complete details of the LoC from the Exim Bank’s office at Centre One, Floor 21, World Trade Centre Complex, Cuffe Parade, Mumbai 400 005 or from their website www.eximbankindia.in

6. The directions contained in this circular have been issued under section 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

(R K Moolchandani)
Chief General Manager

       

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+


What is New?

Date: 10-12-2019
Notification No. 89/2019 – Customs (N.T.)
Appointing the date for enforcing section 88 (b) of the Finance (No. 2) Act, 2019 to bring out the changes in the First Schedule to the Customs Tariff Act, 1975.

Date: 10-12-2019
NOTIFICATION No. 45/2019-Customs (ADD)
Seeks to impose anti-dumping duty on imports of Clear float glass originating in or exported from Pakistan, Saudi Arabia and UAE in pursuance of Final findings of Designated Authority in sunset review of notification No. 48/2014-Customs (ADD) dated 11.12.2014

Date: 06-12-2019
Notification No. 34/2015-2020
Corrigendum to Notification No. 31/2015-2020 dated 13th November, 2019.

Date: 05-12-2019
A.P. (DIR Series) Circular No.11
Exim Bank's Government of India supported Line of Credit (LOC) of USD 500 million to the Government of Bangladesh

Date: 05-12-2019
Notification No.88/2019 - Customs (N.T.)
Exchange Rates Notification No.88/2019-Customs (NT) dated 5.12.2019

Date: 04-12-2019
Notification No. 06/2019 Central Excise (N.T.)
Seeks to extend SVLDRS, 2019 to the mentioned enactments

Date: 02-12-2019
Trade Notice No. 40/2019-20
Imports of Onions

Date: 02-12-2019
Notification No. 33/2015-2020
Amendment in Policy condition No.2 (iii) to Chapter 95 of ITC (HS), 2017- Schedule -1 (Import Policy)

Date: 02-12-2019
Notification No. 87/2019- Customs (N.T.)
Notification of Vizinjham International Seaport and Muthalapozhi u/s 7(d) of the Customs Act for unloading and loading of boulders for breakwater construction.

Date: 29-11-2019
Circular No. 40/2019-Customs
Auto Out of Charge under Express Cargo Clearance System (ECCS) - reg.



Exim Guru Copyright © 1999-2019 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

EximGuru.com

C/o Infodrive India
E-2, 3rd Floor, Kalkaji Main Road
New Delhi - 110019, India
Phone : 011 - 40703001