DGFT vide its Trade Notice No. 16/2024-2025 dated 31st August 2024 has extended the Interest Equalization Scheme for Pre & Post Shipment Rupee Credit from 31st Aug 2024 to 30th Sept 2024.
However, this extension is only for MSME Manufacturers who can claim IES @ 3%.
Apart from the extension of the date, all terms remain same as per relevant RBI Notifications.
MSME Manufacturer Exporter can continue to avail the benefit for 1 more month under IES.
*****