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Export of Goods and Services Project Exports

FEMA - 39 - Dated:- 14-1-2016 - RBI/2015-16/287 A.P. (DIR Series) Circular No. 39 January 14, 2016 To All Category - I Authorised Dealer Banks Madam/ Sir, Export of Goods and Services - Project Exports Attention of Authorised Dealers is invited to Re .....

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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 to time. Further, attention of Authorized Dealers (A .....

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and deferred service exports proposals for contracts exceeding USD 100 Million in value has been dispensed with and AD banks / Exim Bank have been permitted to consider awarding post-award approvals without any monetary limit and permit subsequent c .....

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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 (excludi .....

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