Clarifications on Interest Subvention Support for Pre- and PostShipment Export Credit under Export Promotion Mission — Niryat Protsahan — reg. In reference to the guidelines for Interest Subvention Support for Pre- and PostShipment Export Credit under the Export Promotion Mission (EPM) issued vide Trade Notice No. 20/2025-26 dated 02.01.2026, Trade Notice No. 22/2025-26 dated 16.01.2026, Trade Notice No. 33/2025-26 dated 20.03.2026 and Trade Notice No. 01/2026-27 dated 20.04.2026. 2. Representations have been received on difficulties faced regarding UIN under Equalisation Intervention Scheme stating that the implementation involved onboarding of multiple lending institutions, development of internal banking workflows and alignment of technical systems for UIN validation and claim processing. During this initial implementation period, certain practical and procedural difficulties have arisen at the operational level resulting in non-uniform implementation across banks. Specific problems faced by the Industry is as below:

Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Vanijya Bhawan, New Delhi

==> picture [147 x 28] intentionally omitted <==

----- Start of picture text -----<br> Trade Notice No. 03/2026-27<br>Dated: 13 May 2026<br>----- End of picture text -----<br>

Subject: Clarifications on Interest Subvention Support for Pre- and PostShipment Export Credit under Export Promotion Mission — Niryat Protsahan — reg. In reference to the guidelines for Interest Subvention Support for Pre- and PostShipment Export Credit under the Export Promotion Mission (EPM) issued vide Trade Notice No. 20/2025-26 dated 02.01.2026, Trade Notice No. 22/2025-26 dated 16.01.2026, Trade Notice No. 33/2025-26 dated 20.03.2026 and Trade Notice No. 01/2026-27 dated 20.04.2026. 2. Representations have been received on difficulties faced regarding UIN under Equalisation Intervention Scheme stating that the implementation involved onboarding of multiple lending institutions, development of internal banking workflows and alignment of technical systems for UIN validation and claim processing. During this initial implementation period, certain practical and procedural difficulties have arisen at the operational level resulting in non-uniform implementation across banks. Specific problems faced by the Industry is as below:

• a. UDIN was generated under erstwhile IES Scheme, but credit has been disbursed on or after 02.01.2026.

uniform implementation across banks. Specific problems faced by the Industry is as below:

• a. UDIN was generated under erstwhile IES Scheme, but credit has been disbursed on or after 02.01.2026.

• b. Credit has been disbursed on or after 02.01.2026, but were unable to complete the UIN process prior to disbursal.

as The issue has been examined in this Directorate. In the interest of ease of doing business, it has been decided to provide a window for firms to generate a UIN in cases where credit was disbursed in FY 2025-26 (on or after 02.01.2026) using erstwhile UDIN and also for entities who were disbursed loan under EPM on or after 02.01.2026 prior to UIN generation. Hence, the following amendments are issued to the existing guidelines. These shall form part of the Interest Subvention Support for Pre- and PostShipment Export Credit under Export Promotion Mission (EPM) - Niryat Protsahan as issued earlier:-

2

Para | Existing Text | Revised/Inserted Text DraftNo. The EntitySayeshall furnishats the} | The Entity shall furnish the HBP applicable UIN to their lending | applicable UIN to their lending bank, Para bank, and the bank shall report | and the bank shall report interest X.4(d) interest subvention claims subvention claims mapped to the mapped to the corresponding | corresponding UIN. UIN.

bank, Para bank, and the bank shall report | and the bank shall report interest X.4(d) interest subvention claims subvention claims mapped to the mapped to the corresponding | corresponding UIN. UIN. | A new Unique Identification Number A new Unique Identification | (UIN) shall be Fequired to be Number (UIN) shall be required generated reflecting the revised to be generated reflecting the bank details in cases where the revised bank details in cases | DOrrower changes the lending bank. soamss pane oe Portability of UIN shall not be a istaite of UiN al oe te | permitted, and the existing UIN shall permitted, and the existing UIN | not be transferred to the new bank. shall not be transferred to the a. FY 2025-26 (02.01.2026 to nee rane 31.03.2026) - = of re sae Interest subvention claims may be app a ee i : . aa | submitted by the lending bank in aieee Ss oP. 6. Sate CL nap | respect ofa UIN generated after the date of disbursal of eligible pre"shipment or post-shipment export _ credit, subject to the following | conditions:

| (i) the eligible export credit has been disbursed on or after 02.01.2026; and | (ii) the UIN has been generated on | or before 31.05.2026. For the purposes of yearly monitoring, the exporter — shall ensure that the UIN_ shall be generated specifically selecting the year in which disbursal was made by the bank. | _In such cases, interest subvention | shall be admissible from the date of loan disbursal and not merely from the date of UIN generation.

3

ing the year in which disbursal was made by the bank. | _In such cases, interest subvention | shall be admissible from the date of loan disbursal and not merely from the date of UIN generation.

3

• | Banks shall ensure that interest subvention for eligible exporters is computed and credited accordingly, including for the period from

• | 02.01.2026, on a priority basis. | |b. FY 2026-27 onwards - | _A UIN generated within 15 (fifteen) 'days from the date of original | disbursal of eligible pre-shipment or post-shipment export credit shall be

• | treated as valid for the purpose of admissibility of interest subvention support. Interest subvention shall be admissible from the date of disbursal in such cases. c. The rate of interest subvention applicable shall be the rate prevailing on the date of loan disbursal.

• | d. The banks shall also ensure the claim being filed in respect of an UIN is specific to the year in which the disbursal of credit was/is made.

4. All scheduled commercial banks and other lending institutions participating in the EPM Interest Subvention Scheme are directed to implement the above amendments immediately and uniformly.

This Trade Notice is issued with the approval of the Competent Authority.

(A.G. Subramanian) Deputy Director General of Foreign Trade

[Issued from File No. 01/02/89/AM-26/EPM]