Interest Equalisation Scheme extension clarified: cap per IEC specified, applies only to MSME manufacturer exporters, no new UIN. Clarification to the extended Interest Equalisation Scheme for Pre and Post shipment Rupee Export Credit caps the benefit at Rs. 1.66 crore per IEC for 1 July 2024 to 31 August 2024, restricts applicability to MSME Manufacturer Exporters eligible for the 3% IES benefit (excluding MSME merchant exporters eligible for 2%), and confirms no revised UIN is required where a FY 2024-2025 UIN already exists.
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Provisions expressly mentioned in the judgment/order text.
Interest Equalisation Scheme extension clarified: cap per IEC specified, applies only to MSME manufacturer exporters, no new UIN.
Clarification to the extended Interest Equalisation Scheme for Pre and Post shipment Rupee Export Credit caps the benefit at Rs. 1.66 crore per IEC for 1 July 2024 to 31 August 2024, restricts applicability to MSME Manufacturer Exporters eligible for the 3% IES benefit (excluding MSME merchant exporters eligible for 2%), and confirms no revised UIN is required where a FY 2024-2025 UIN already exists.
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