Extension of Interest Equalization Scheme (IES) for Pre and Post shipment Rupee Export Credit for One month beyond August, 2024 - DGFT - Trade Notice No. 16/2024-2025

Government of India Ministry of Commerce and Industry Department of Commerce Directorate General of Foreign Trade Vanijya Bhawan, New Delhi 110001 Dated: 31 st August 2024 Trade Notice No. 16/2024-2025 To, Members of Trade and Industry EPCs/FIEO Reserve Bank of India Subject: Extension of Interest Equalization Scheme (IES) for Pre and Post shipment Rupee Export Credit for One month beyond August, 2024 Trade and Industry is 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 schemes has been further extended for one month i.e., up to 30.09.2024. 2. However. this extension is applicable only for MSME Manufacturing exporters. Apart from that, such extension is made with the same terms and conditions as the present scheme. 3. Guidelines issued Reserve Bank of India and relevant RBI notifications issued from time to time on this subject may be referred (K.M. Harilal) Jt. Director General of Foreign Trade DGFT (HQ)