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        DGFT

        Amendments under Interest Equalization Scheme

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        Interest equalization scheme extended with a per IEC cap imposed for the upcoming quarter affecting export credit claims. Interest Equalization Scheme is extended until 30.06.2024 with a temporary per IEC cap imposed for the quarter commencing 01.04.2024; exporters must observe this ceiling when claiming interest equalization on export credit for that quarter, as communicated in the Trade Notice implementing the notified extension.
                          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 equalization scheme extended with a per IEC cap imposed for the upcoming quarter affecting export credit claims.

                                Interest Equalization Scheme is extended until 30.06.2024 with a temporary per IEC cap imposed for the quarter commencing 01.04.2024; exporters must observe this ceiling when claiming interest equalization on export credit for that quarter, as communicated in the Trade Notice implementing the notified extension.


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