Export Credit Facilitated as DGFT Amends UIN Condition
·
The
Directorate General of Foreign Trade (DGFT) has issued amendments to the
guidelines for Interest Subvention Support for Pre- and Post-Shipment Export
Credit under the Export Promotion Mission.
·
The
clarification refers to earlier Trade Notices issued on:
o January 2, 2026,
o January 16, 2026,
o March 20, 2026,
o April 20, 2026.
·
Industry
stakeholders reported operational difficulties related to:
o Unique Identification Number (UIN)
generation under the Equalisation Intervention Scheme.
·
The
challenges arose due to:
o Onboarding of multiple lending
institutions,
o Development of banking workflows,
o Technical integration for UIN validation
and claim processing,
o Non-uniform implementation across banks.
·
Exporters
had generated:
o UDIN under the earlier Equalisation
Intervention Scheme,
o But export credit was disbursed after
January 2, 2026 under the new framework.
·
In
other cases:
o Export credit was disbursed on or after
January 2, 2026,
o But exporters could not complete UIN
generation before loan disbursal.
·
To
facilitate ease of doing business, DGFT has decided to provide a special window
for firms to generate UINs in eligible cases.
The
relaxation applies where:
·
Credit
was disbursed during FY 2025-26 on or after January 2, 2026 using the earlier
UDIN system.
·
Loans
under the Export Promotion Mission (EPM) were disbursed on or after January 2,
2026 before UIN generation was completed.
·
The
amendments aim to:
o Ensure smoother implementation of the EPM
interest subvention scheme,
o Avoid disruption in export credit
benefits,
o Provide operational flexibility to
exporters and banks during the transition phase.
·
The
new amendments will form part of the existing EPM Interest Subvention Support
guidelines already issued by DGFT.
[DGFT Trade Notice No. 03/2026 -27 dated 13 May
2026]
Subject:
Clarifications on Interest Subvention Support for Pre- and Post Shipment
Export Credit under Export Promotion Mission - Niryat Protsahan.
In reference to the guidelines for
Interest Subvention Support for Pre- and Post Shipment 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.
b. Credit has been disbursed on or after 02.01.2026, but were unable
to complete the UIN process prior to disbursal.
3. 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 Post Shipment Export Credit under Export Promotion Mission (EPM) - Niryat
Protsahan as issued earlier:-
This Trade Notice is issued with the
approval of the Competent Author ity .
[Issued from File No.
01/02/89/AM-26/EPM]