https://www.taxtmi.com/circulars?id=54099 Interest equalisation of 3% per annum applies to pre- and post-shipment rupee export credit for eligible exporters (excluding merchant exporters), covering specified 416 HS lines and MSME exports, subject to minimum processing rules of origin. Banks must fully pass on the benefit-crediting accounts for April-November 2015 claims and reducing charged interest from December 2015-and submit sector-wise consolidated reimbursement claims to RBI in the prescribed format with an External Auditor's Certificate; reimbursements will be made by RBI from government provided revolving funds. en-us Fri, 04 Dec 2015 00:00:00 +0530 Tue, 08 Dec 2015 15:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=54099 Interest equalisation of 3% per annum applies to pre- and post-shipment rupee export credit for eligible exporters (excluding merchant exporters), covering specified 416 HS lines and MSME exports, subject to minimum processing rules of origin. Banks must fully pass on the benefit-crediting accounts for April-November 2015 claims and reducing charged interest from December 2015-and submit sector-wise consolidated reimbursement claims to RBI in the prescribed format with an External Auditor's Certificate; reimbursements will be made by RBI from government provided revolving funds. Circulars RBI Fri, 04 Dec 2015 00:00:00 +0530 https://www.taxtmi.com/circulars?id=54099