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The Directorate General of Foreign Trade issued Trade Notice No. 13/2026-27 dated 14 July 2026 to clarify operational and technical issues relating to Interest Subvention Support for Pre- and Post-Shipment Export Credit under the Export Promotion Mission (EPM) – Niryat Protsahan.
The Trade Notice was issued in response to representations received from lending institutions seeking clarification on claim filing timelines, UIN generation, and year-specific claim mapping.
These clarifications are important for exporters and banks to ensure timely claim submission and proper compliance with the revised EPM guidelines.
Background of the Trade Notice
The clarifications supplement earlier EPM-related Trade Notices issued in January, March, April, and May 2026. They specifically address difficulties faced by banks in processing interest subvention claims after the revised guidelines issued through Trade Notice No. 03/2026-27 dated 13 May 2026.
Key Clarifications under Trade Notice No. 13/2026-27
Submission of Revised or Additional Claims for January–April 2026
Banks may submit additional claims before 31 July 2026 for eligible export credit cases where:
The export credit was disbursed on or after 2 January 2026.
The UIN was generated on or before 31 May 2026.
This clarification enables banks to revise or submit additional claims for January–April 2026 cases already filed earlier.
UIN Generation Window for FY 2025-26
The relaxation allowing UIN generation up to 31 May 2026 applies only to eligible export credit disbursed during FY 2025-26 on or after 2 January 2026.
This relaxation does not extend to disbursements made in FY 2026-27. For FY 2026-27 onwards, the prescribed provision of generation of UIN within 15 days from the date of original disbursal shall apply.
Claim Filing Timeline for End-of-Month Disbursals
For FY 2026-27 onwards, if export credit is disbursed at the end of a month and the UIN is generated within 15 days from the date of original disbursal, banks may submit claims before the last date of the month subsequent to the month of disbursal.
Separate UINs for Pre- and Post-Shipment Credit
A single UIN cannot be used for both pre-shipment and post-shipment interest subvention benefits. Where both facilities are availed, exporters must generate and use separate UINs corresponding to each facility.
Year-Specific UIN Requirement for Running Credit Accounts
The DGFT clarified that the UIN requirement is linked to the financial year of disbursal. For running pre-shipment credit accounts spanning multiple financial years:
The FY 2025-26 UIN remains valid for claiming interest subvention up to 31 March 2026.
If the credit remains outstanding beyond 31 March 2026, a fresh or revised UIN for FY 2026-27 is required for claiming interest subvention for April 2026 onwards.
Banks must ensure that claims are filed against the UIN corresponding to the financial year for which the interest subvention benefit is being claimed.
Claim Submission Where Subvention Was Not Passed Upfront
For past cases where interest subvention was not passed upfront because the UIN was not available at the time of disbursement, banks may submit additional claims before 31 July 2026 through the online DGFT module. This applies where:
Export credit was disbursed on or after 2 January 2026.
The UIN was generated subsequently on or before 31 May 2026.
Separate Filing Mechanism for Past Cases
Additional claims relating to past periods from January 2026 to May 2026 must be filed separately through the online DGFT module and cannot be clubbed with the regular monthly claim for June 2026. An external auditor’s certificate will also be required for such additional claims.
Important Note
31 July 2026 is the deadline for submitting additional claims for eligible cases covered under the relaxation.
Separate UINs are mandatory for pre-shipment and post-shipment export credit benefits.
For running accounts extending into a new financial year, a fresh or revised UIN is required for the subsequent year.
Past claims from January–May 2026 must be filed separately and cannot be combined with regular monthly claims.
Implications for Exporters and Banks
For Exporters
Ensure timely generation of UINs within the prescribed timelines.
Maintain separate UINs for pre-shipment and post-shipment export credit facilities.
Obtain revised or fresh UINs when export credit remains outstanding into a new financial year.
For Banks and Lending Institutions
Submit additional claims before 31 July 2026 for eligible past cases.
Verify year-specific UIN mapping before filing claims.
Ensure separate filing of past claims and obtain the required external auditor’s certification.
Conclusion
Trade Notice No. 13/2026-27 provides much-needed clarity on the operational aspects of the Interest Subvention Support Scheme under EPM – Niryat Protsahan. The clarifications on UIN generation, claim filing timelines, separate UIN usage, and year-specific claim mapping are aimed at reducing procedural uncertainty and ensuring smooth processing of interest subvention claims.
Exporters and banks should carefully review these clarifications and update their internal processes to avoid delays or rejection of claims under the scheme.
Notification Reference: DGFT
Trade Notice No. 13/2026-27
14/07/2026