Interest Equalisation Scheme cap imposed on annual net subvention per IEC, with differentiated limits and temporary effective periods. The Interest Equalisation Scheme has been extended and, with immediate effect, the annual net subvention per IEC is subject to a fixed cap; a lower interim cap is imposed for MSME manufacturers for the current financial year, and a clarified cap applies to Manufacturer Exporters and Merchant Exporters for an earlier interim period.
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 cap imposed on annual net subvention per IEC, with differentiated limits and temporary effective periods.
The Interest Equalisation Scheme has been extended and, with immediate effect, the annual net subvention per IEC is subject to a fixed cap; a lower interim cap is imposed for MSME manufacturers for the current financial year, and a clarified cap applies to Manufacturer Exporters and Merchant Exporters for an earlier interim period.
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