Interest Equalisation Scheme on Rupee Export Credit lets eligible exporters approach banks to claim retrospective benefits under RBI notification. The Government's Interest Equalisation Scheme for pre- and post-shipment rupee export credit was notified by regulatory circular and is effective from 1 April 2015; eligible exporters who availed such credit on or after that date should contact their banks to expedite decisions and claim benefits under the scheme, with operational details available in the issuing circular and on the central bank's website.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Interest Equalisation Scheme on Rupee Export Credit lets eligible exporters approach banks to claim retrospective benefits under RBI notification.
The Government's Interest Equalisation Scheme for pre- and post-shipment rupee export credit was notified by regulatory circular and is effective from 1 April 2015; eligible exporters who availed such credit on or after that date should contact their banks to expedite decisions and claim benefits under the scheme, with operational details available in the issuing circular and on the central bank's website.
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