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Global Trade Alert

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India: Use of external borrowings for intangible expenditure on purchase of capital goods

Description

On 26 June 2013, the Reserve Bank of India allowed the use of External Commercial Borrowings (ECB) to cover import of services, technical know-how and license fees when they form a part of the import ...

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Intervention Details

Intervention Type

Trade finance

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

26 Jun 2013

Revocation date

No revocation date

Implementation level

National

Affected flow

Outward subsidy

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Products

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