Rule · SBP · 2 Dec 2025 · EPD Circular Letter No. 11

Exemption of Export Development Surcharge on All Goods

2 files · 1 PDF page
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The Federal Government has exempted all exported goods from the Export Development Surcharge, which was levied under sub-section (1) of section 11 of the Finance Act 1991, effective immediately from December 01, 2025. Consequently, the State Bank of Pakistan's EPD Circular Letter No. 02 dated January 22, 2003, and FD Circular Letter No. 03 dated April 20, 2023, which concerned the collection of this surcharge, are withdrawn. Authorized Dealers in Foreign Exchange are instructed to inform their constituents about these changes.

PakistanState Bank of Pakistan
Enclosure 1 of 1 · 1 page · PDF 139 KBRegulator's file ↗

Enclosure: EPD-2025-CL11-Annex.pdf

Annotations and obligations
1 obligation · 2 permissions · 3 definitions
  1. Main text
  2. Enclosure: EPD-2025-CL11-Annex.pdf
  • Obligation 1
  • Permission 2
  • Definition / condition 3
  • background, boilerplate

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Act No. XII of 1991Not in RegAlertAct No. XII of 1991 — Not in RegAlertExemption of ExportDevelopment Surcharge on All …2025-12-02 · this documentExemption of Export Development Surcharge on All Goods (2025-12-02)
amendssupersedesissued underrefers todashed card: not in RegAlert (or proposed)arrows run from the older text to the one that changes it
The links and the sentences they come from (1)
Issued under
  • Act No. XII of 1991Not in RegAlert

    “In exercise ofthe powers conferred by sub-section (3) of section 11 of the Finance Act 1991 (Act No. XII ol 1991)”

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