Regulatory Alerts2026-02-08
Added
FEPD-1 Circular Letter No. 02: Exclusion of Machine Processed Sliver (Cut Sliver)/Cut Jute from Raw Jute as a Conditional Exportable Item in Annex-2 of Export Policy 2024-2027
The document instructs all authorized dealer banks to recognize that Machine Processed Sliver (Cut Sliver)/Cut Jute is excluded from the definition of 'Raw Jute' for the purpose of conditional exports under Annex-2 of the Export Policy 2024-2027. This exclusion is implemented in accordance with a circular issued by the Ministry of Commerce on January 26, 2026. Banks are required to take necessary action and inform all concerned parties regarding this change in classification.
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