Pre-shipment Rupee Export Credit: interest at BPLR minus a margin extended to longer tenure to aid exporters. Extension of the prescribed interest regime for Pre-shipment Rupee Export Credit maintains the interest linkage at BPLR minus a margin and increases the allowable period of credit for such pre-shipment facilities, effective mid-November 2008, to provide exporters additional working-capital duration; the revised period is incorporated in the annexure to the referenced directive and communicated to lending institutions.
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.
Pre-shipment Rupee Export Credit: interest at BPLR minus a margin extended to longer tenure to aid exporters.
Extension of the prescribed interest regime for Pre-shipment Rupee Export Credit maintains the interest linkage at BPLR minus a margin and increases the allowable period of credit for such pre-shipment facilities, effective mid-November 2008, to provide exporters additional working-capital duration; the revised period is incorporated in the annexure to the referenced directive and communicated to lending institutions.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
TaxTMI 
