Amendment under Interest Equalisation Scheme

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....torate General of Foreign Trade Vanijya Bhawan, New Delhi Dated: 25.05.2023 Trade Notice No. 05/2023-24 To, 1. All IEC Holders/Members of Trade & Industry 2. All Concerned Bank Branches 3. All ....

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....e effect for rationalization of the scheme: "The annual net subvention amount would be capped at Rs. 10 crore per IEC in a given financial year. All disbursements made from 01.04.2023 shall be ....