Interest Equalisation Scheme on Pre and Post Shipment Rupee Export Credit w.e.f. 1st April, 2015

Dated 8th December, 2015 | Copy of | Trade Notice No.09/2015 |

To 1. All Members of Trade 2. All Export Promotion Councils/Chambers of Trade and Industry 3. All Regional Authorities of DGFT

It is brought to the notice of Trade and Industry that the Interest Equalisation Scheme for Pre and Post Shipment Rupee Export Credit has been announced by the Government of India and notified vide RBI Circular No.DBR/Dir/BC.No.62/04.02.001/2015-16 dated December 4, 2015. The scheme is applicable w.e.f. 1st April, 2015. Details of the scheme are available on the website of RBI

2. As the scheme is applicable from 01.04.2015, all eligible exporters who have availed pre and post shipment credit facility from 01.04.2015 may contact their respective Banks to enable expeditious decision on availing benefit under the scheme.

Sd/- (Anil Aggarwal) Joint Director General of Foreign Trade

F.No.01/94/180/101/AM16/PC4 Issued by: Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade New Delhi

The Dollar Business Bureau - Dec 10, 2015 12:00 IST