Interest Equalisation Scheme expands eligibility to merchant exporters and increases support for MSME manufacturers on rupee export credit. The Interest Equalisation Scheme provides interest equalisation on pre- and post-shipment rupee export credit through RBI and banks. Manufacturer exporters in designated tariff lines and merchant exporters are eligible for equalisation on those exports, while MSME manufacturers receive equalisation across all tariff lines with an increased rate effective from early November 2018; RBI notifications and operative guidelines govern implementation and claims.
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 expands eligibility to merchant exporters and increases support for MSME manufacturers on rupee export credit.
The Interest Equalisation Scheme provides interest equalisation on pre- and post-shipment rupee export credit through RBI and banks. Manufacturer exporters in designated tariff lines and merchant exporters are eligible for equalisation on those exports, while MSME manufacturers receive equalisation across all tariff lines with an increased rate effective from early November 2018; RBI notifications and operative guidelines govern implementation and claims.
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