DGFT issued the Clarification to the Trade Notice No. 07/2024-2025

Jul 10, 2024 | by TeamLease RegTech Legal Research Team

Free Legal updates for the week 00


Finance & Taxation ComplianceThe Directorate General of Foreign Trade (DGFT) on July 10, 2024, issued the Clarification to the Trade Notice No. 07/2024-2025.

This is in reference to the Trade Notice No. 07/2024-2025 dated June 28, 2024, vide which the Interest Equalisation Scheme (TES) for Pre and Post Shipment Rupee Export Credit was extended for 2 months beyond June 30, 2024.

The following has been stated:

• It is noticed that banks are facing difficulties on the applicability of the Trade Notice No. 07/2024-2025.

• The issues raised are accordingly clarified as specified in the Table.

Kindly find the Table provided with this document attached to the document.

[Trade Notice No 08/2024-2025]


Bookmark

Related Updates



Alternate Text

Get updates on the go on RegUpdate Mobile App.

NEW  ·  AI ASSISTANT