India reopens TUFS doc submission window

2020/11 09 11:11


India’s workplace of the textile commissioner lately reopened a window from November 23 to December 5 for on-line submission of documentation for subsidy claims underneath the earlier variations of the Expertise Upgradation Fund Scheme (TUFS). Six prescribed paperwork might be submitted within the i-TUFS software program associated to instances underneath earlier variations of TUFS.

Solely these lending businesses who’ve lodged or submitted a minimum of one pending on-line subsidy declare for launch will have the ability to add the paperwork in i-TUFS software program, the workplace stated in a public discover.

The prescribed paperwork embody the term-loan sanction letter, precise quantity disbursed in opposition to the sanctioned time period mortgage quantity and date-wise disbursal of quantity, reporting codecs, exemption certificates quantity (ECN), subsidy calculation sheet primarily based on precise disbursement and enterprise of the lending company.

“Since ample advance discover is on the market to all lending businesses, it’s anticipated that all-out efforts will probably be made by the banks to arrange upfront for importing the obligatory paperwork and as soon as the window is made operational from November 23, legible copies of all related paperwork will probably be uploaded in time,” the discover acknowledged.

Fibre2Fashion Information Desk (DS)

India’s workplace of the textile commissioner lately reopened a window from November 23 to December 5 for on-line submission of documentation for subsidy claims underneath the earlier variations of the Expertise Upgradation Fund Scheme (TUFS). Six prescribed paperwork might be submitted within the i-TUFS software program associated to instances underneath earlier variations of TUFS.




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