Buyers Credit Norms for infrastructure companies are relaxed
File details
File description
The Central Bank of India has relaxed Buyers Credit Norms for infrastructure imports under ECB
Salient Points
-Instead of earlier limit of trade credits of period starting 1 years to 3 year, it has now been made to period not less than 15 months;
-the all inclusive costs shall be (350 basis points) 3.5% plus Libor;
-Facility shall be for USD 20 Millions per transaction for import of capital goods.
#pdf
Comments
Recent Files in Community & General
View more →Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
Popular Files
- CA Intermediate Cost & Management Accounting Question Paper New Course September 2026
- CA Intermediate Taxation Question Paper New Course September 2026
- Sources of Variation in India's Foreign Exchange Reserves during April-June 2026
- Developments in India's Balance of Payments for the m/o July 2026
- RBI Data on Forex Inflows
- CA Intermediate Financial Management and Strategic Management Paper New Course September 2026
- Withholding Tax Rates as per IT Act 2025
- FAQs on Agricultural Income (Section 2(5) and Rule 270) as per IT Act 2025
- FAQs on Tax Audit as per IT Act 2025
- FAQs on TAN as per IT Act 2025
CAclubindia
