Interest Equalisation Scheme (IES) for pre and post Shipment Rupee Export Credit and its expansion

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....019 Trade Notice No. 45/2018-19 To, Members of Trade & Industry EPCs/FIEO Reserve Bank of India Subject: Interest Equalisation Scheme (IES) for pre and post Shipment Rupee Export Credit and its expansion Trade and industry is already aware that the Interest Equalisation Scheme (IES) for pre and post Shipment Rupee Export Credit is being implemented by this Directorate through ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ualization rate of 3% per annum for export of products covered under 416 tariff lines identified under the Scheme. 4.   Eligible category and equalisation rate, presently, is as follows: Export items Eligible category Rate of equalisation 416 four digit tariff lines listed in the scheme Large sector manufacturers from 1.4.2015 and Merchant exporters from 2.1.2019 onward....