https://www.taxtmi.com/article/detailed?id=10473 The Interest Equalization Scheme for pre- and post-shipment rupee export credit is extended until the notified terminal date, excluding telecom instruments and entities receiving PLI benefits for the same segment while allowing PLI beneficiaries to claim for other segments. Revised interest equalisation rates apply to specified MSME manufacturer exporters. Banks must obtain a prescribed Self-Declaration from exporters, identify and credit eligible exporters for the initial period and submit sector-wise consolidated reimbursement claims by the specified deadline, and subsequently reduce interest upfront for eligible exporters and submit original monthly claims within fifteen days from month end. en-us Tue, 21 Jun 2022 10:49:44 +0530 Tue, 21 Jun 2022 10:49:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=10473 The Interest Equalization Scheme for pre- and post-shipment rupee export credit is extended until the notified terminal date, excluding telecom instruments and entities receiving PLI benefits for the same segment while allowing PLI beneficiaries to claim for other segments. Revised interest equalisation rates apply to specified MSME manufacturer exporters. Banks must obtain a prescribed Self-Declaration from exporters, identify and credit eligible exporters for the initial period and submit sector-wise consolidated reimbursement claims by the specified deadline, and subsequently reduce interest upfront for eligible exporters and submit original monthly claims within fifteen days from month end. Articles FEMA - Foreign Exchange Management Tue, 21 Jun 2022 10:49:44 +0530 https://www.taxtmi.com/article/detailed?id=10473