Interest Equalisation Scheme Extended to 30th Sept 2024 with New Caps on Subvention Supporting MSMEs: DGFT [Read Notice]
The amendment introduces an annual cap of Rs 10 crore per Importer Exporter Code (IEC) under the IES for the financial year starting April 1, 2024, effective until September 30, 2024
By Navasree A.M - On September 18, 2024 10:34 am - 2 mins read
The Directorate General of Foreign Trade ( DGFT ) has recently announced amendments to the Interest Equalisation Scheme ( IES ), extending its validity until September 30, 2024, vide Trade Notice No. 17/2024-25 dated 17th September 2024. These amendments, as outlined in Trade Notice No. 16/2024-25 dated August 31, 2024, are intended to rationalise the…
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