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    <title>Extension of Interest Equalisation Scheme (IES) for Pre and Post shipment Rupee Export Credit for three months beyond 30th September, 2024.</title>
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    <description>The Interest Equalisation Scheme for pre and post shipment rupee export credit is extended for three months to 31.12.2024 on the same terms, with an additional condition that fiscal benefits to each MSME, on aggregate, will be capped at Rs.50 Lakhs for the fiscal year during the extended period. MSME exporters who have already availed Rs.50 Lakhs or more up to 30.09.2024 will not be eligible for further benefit. The extension is valid for three months or until any earlier revised approval, and applicable banking guidelines and notifications apply.</description>
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      <title>Extension of Interest Equalisation Scheme (IES) for Pre and Post shipment Rupee Export Credit for three months beyond 30th September, 2024.</title>
      <link>https://www.taxtmi.com/circulars?id=67825</link>
      <description>The Interest Equalisation Scheme for pre and post shipment rupee export credit is extended for three months to 31.12.2024 on the same terms, with an additional condition that fiscal benefits to each MSME, on aggregate, will be capped at Rs.50 Lakhs for the fiscal year during the extended period. MSME exporters who have already availed Rs.50 Lakhs or more up to 30.09.2024 will not be eligible for further benefit. The extension is valid for three months or until any earlier revised approval, and applicable banking guidelines and notifications apply.</description>
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