Government of India
Ministry of Commerce and Industry
Department of Commerce
Directorate General of Foreign Trade
To,
Members of Trade and Industry
EPCs/FIEO
Reserve Bank of India
Subject: Clarification to the Trade Notice No. 07/2024-2025 - reg.
This is in reference to the Trade Notice No. 07/2024-2025 dated 28.06.2024 vide which the Interest Equalisation Scheme (IES) for Pre and Post shipment Rupee Export Credit was extended for two months beyond 30th June, 2024.
2. In this regard, it is noticed that banks are facing difficulties on the applicability of the Trade Notice No. 07/2024-2025.
3. In view of the above, the issues raised are accordingly clarified as follows:
4. This issues with the approval of the Competent Authority.
(K. M. Harilal)
Jt. Director General of Foreign Trade
DGFT (HQ)
[Issued from File No. 01/94/180/341/AM20/PC-4]