conversion of payable to ECB

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..... Is it possible to convert payables to ECB.IF so what is the procedure for the same. - Reply By CA Rachit Agarwal - The Reply = You have to make the application to the bank for the sanction of propos .....

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..... al for ECB or conversion of existing Term Loan to ECB. After the sanction, if the amount is within the limit, then the sanction will be under the Automatic Route. If the same is beyond the limit the .....

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..... n approval will be required from RBI. Further interest rates of ECB will be dependent on the maturity of ECB and Repayments. ECB can be availed for Working Capital Limits (Buyers Credit/Suppliers .....

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..... Credit) or for Capital Expenditure in respect of Projects. For further details you can mail me at carachitagarwal@sify.com - conversion of payable to ECB - Query Started By: - Umesh M .....

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..... V Dated:- 11-3-2011 FEMA - Foreign Exchange Management - Got 1 Reply - FEMA - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindi .....

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..... a - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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