Interest Subvention Update: Chapter 72 Benefits Limited to MSEs

Interest Subvention Update: Chapter 72 Benefits Limited to MSEs
Addition of Chapter 72 Tariff Lines for Micro and Small Enterprises under Interest Subvention Support – Trade Notice No. 01/2026–27

With reference to earlier guidelines on Interest Subvention Support for Pre- and Post-Shipment Export Credit issued under the Export Promotion Mission (EPM) through Trade Notice No. 20/2025–26 dated 02 January 2026, Trade Notice No. 22/2025–26 dated 16 January 2026, and Trade Notice No. 33/2025–26 dated 20 March 2026, the following is clarified:

1. The tariff lines listed in Annexure-IIA (now included in Annexure-II of Trade Notice No. 20/2025–26) will qualify for interest subvention benefits only when the export credit is availed by Micro and Small Enterprises (MSEs). Medium Enterprises are not eligible to claim interest subvention for exports falling under Annexure-IIA.
2. This amendment will apply prospectively. Accordingly, interest subvention benefits shall be available only for eligible export credit sanctioned or disbursed on or after the date of this Trade Notice.
3. All other terms and conditions specified in Trade Notice No. 20/2025–26 dated 02 January 2026, Trade Notice No. 22/2025–26 dated 16 January 2026, and Trade Notice No. 33/2025–26 dated 20 March 2026 shall continue to remain in force without any modification.

This notice is issued with the approval of the competent authority.

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