DGFT notified regarding the extension of the Interest Equalization Scheme (IES) for Pre and post-shipping Rupee Export Credit for One month

Sep 02, 2024 | by TeamLease RegTech Legal Research Team

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Finance & Taxation ComplianceThe Directorate General of Foreign Trade (DGFT) on August 31, 2024, notified regarding the extension of the Interest Equalization Scheme (IES) for Pre and post-shipping Rupee Export Credit for One month beyond August 31, 2024.

Trade and Industry are hereby informed that the Interest Equalization Scheme for Pre and Post Shipment Rupee Export Credit, which had earlier been extended up to 31.08.2024 as a fund limited scheme, has been further extended for one month i.e., up to September 30, 2024.

However, this extension is applicable only to MSME Manufacturing exporters. Apart from that, such an extension is made with the same terms and conditions as the present scheme.

[Trade Notice No. 16/2024-2025]


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