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Extension of Interest Equalisation Scheme (IES) for Pre and Post shipment Rupee Export Credit for one more year i.e. upto 31.03.2021 with same scope and coverage
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Interest Equalisation Scheme extension preserves concessional support for pre- and post-shipment rupee export credit through the renewed period. Extension of the Interest Equalisation Scheme renews concessional support for pre- and post-shipment rupee export credit for one additional year with unchanged scope and coverage; the scheme remains effective for the renewed period or until further orders. Implementation is subject to Reserve Bank of India guidelines and notifications, and stakeholders are requested to utilize the scheme and report any difficulties to the Directorate General of Foreign Trade.
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 extension preserves concessional support for pre- and post-shipment rupee export credit through the renewed period.
Extension of the Interest Equalisation Scheme renews concessional support for pre- and post-shipment rupee export credit for one additional year with unchanged scope and coverage; the scheme remains effective for the renewed period or until further orders. Implementation is subject to Reserve Bank of India guidelines and notifications, and stakeholders are requested to utilize the scheme and report any difficulties to the Directorate General of Foreign Trade.
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