https://www.taxtmi.com/news?id=15196 An Interest Equalisation Scheme offers a 3% interest concession on pre and post shipment rupee export credit for five years from 1 April 2015, available to MSME exports and exporters of 416 specified tariff lines but not to merchant exporters. Funding is to come from Department of Commerce allocations transitioning from non plan to plan funds, with the Ministry placing short term requirements with the central bank and monthly reimbursements via a revolving fund; the central bank will issue operational instructions and a three year impact study will be undertaken. en-us Wed, 18 Nov 2015 16:35:49 +0530 Wed, 18 Nov 2015 16:35:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=15196 An Interest Equalisation Scheme offers a 3% interest concession on pre and post shipment rupee export credit for five years from 1 April 2015, available to MSME exports and exporters of 416 specified tariff lines but not to merchant exporters. Funding is to come from Department of Commerce allocations transitioning from non plan to plan funds, with the Ministry placing short term requirements with the central bank and monthly reimbursements via a revolving fund; the central bank will issue operational instructions and a three year impact study will be undertaken. News - Wed, 18 Nov 2015 16:35:49 +0530 https://www.taxtmi.com/news?id=15196