Please
refer to SMEFD Circular Letter No. 03 dated March 11,
2009 on the captioned subject.
2.
In this connection it is advised that in terms of Para
2 (vii) of above circular letter, LCs established up-to
December 31, 2009 were eligible for refinancing under
LTFF Scheme. On the representation of stakeholders it
has now been decided that LCs established for import of
second hand machinery up-to June 30, 2010 shall also be
eligible for refinancing under the Scheme.
3.
All other terms & conditions, on the subject, shall
remain same.