Amendments under Interest Equalization Scheme - DGFT - Trade Notice No. 40/2023-2024

Government of India Ministry of Commerce Industry Department of Commerce Directorate General of Foreign Trade Vanijya Bhawan, New Delhi Dated: 20.03.2024 Trade Notice No. 40/2023-2024 Subject: Amendments under Interest Equalization Scheme - reg. Attention of Trade and Industry is drawn towards the extension of Interest Equalization Scheme (IES) upto 30.06.2024, as notified by RBI vide its Circular No. DOR.STR.REC. 78/04.02.001/2023-24 dated 22.02.2024. 2. In this regard, it may be noted that a cap of Rs. 2.50 Cr per IEC is imposed till 30.06.2024 for the quarter starting from 01.04.2024. 3. This issues with the Competent Authority. (K.M Harilal) Jt. Director General of Foreign Trade DGFT Hq Email: [email protected]