Question
The rate of interest equalization for Manufacturers and
Merchant Exporters under the interest Equalization Scheme for Pre and Post Shipment Rupee Export Credit is ______?Solution
The Interest Equalization Scheme for Pre and Post Shipment Rupee Export Credit ('Scheme') up to June 30, 2024. The rate of interest equalization shall be 2% for Manufacturers and Merchant Exporters exporting under specified 410 HS lines and 3% to the MSME manufacturers exporting under any HS line.
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