Export of Goods and Services – Project Exports

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..... ated 3rd May 2000 viz. Foreign Exchange Management (Export of Goods and Services) Regulations, 2000 in terms of which export of goods or services on deferred payment terms or in execution of a turnkey project or a civil construction contract requires prior approval of the approving authority, which shall consider the proposal in accordance with the guidelines issued by the Reserve Bank from time .....

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..... nt of India that i) the OCCI has been renamed as Project Export Promotion Council (PEPC) and ii) civil construction contracts may include turnkey engineering contracts, process and engineering consultancy services and Project construction items (excluding steel Cement) along with civil construction contracts, it has been decided to make the necessary changes in Memorandum of Instructions on .....

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