https://www.taxtmi.com/news?id=21969 ECGC's scheme raises cover to 90% for both outstanding principal and unpaid interest (up to two quarters or NPA date), issues a single pre and post shipment cover document, and provides simplified claim settlement with provisional payment up to 50% within 30 days on proof of end use. The support runs for five years, premiums are paid monthly on principal and interest with moderated rates by account size, and existing ECGC procedures and bank due diligence requirements continue in force. en-us Mon, 16 Sep 2019 16:22:47 +0530 Mon, 16 Sep 2019 16:22:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=21969 ECGC's scheme raises cover to 90% for both outstanding principal and unpaid interest (up to two quarters or NPA date), issues a single pre and post shipment cover document, and provides simplified claim settlement with provisional payment up to 50% within 30 days on proof of end use. The support runs for five years, premiums are paid monthly on principal and interest with moderated rates by account size, and existing ECGC procedures and bank due diligence requirements continue in force. News - Mon, 16 Sep 2019 16:22:47 +0530 https://www.taxtmi.com/news?id=21969