Regulatory Alerts2024-05-30
Added · Updated
FEPD Circular Letter No. 08: Cash incentive against export of Leather goods
The document clarifies that cash incentives are payable for the export of leather goods produced in own factories by 100% export-oriented manufacturing units, in addition to existing provisions. It confirms that all other applicable instructions regarding cash incentives remain unchanged and advises all concerned parties to take note of this clarification.
Foreign Exchange Policy Department Bangladesh Bank Head Office Dhaka. Ref. No. FEPD/CL/08 FEPD Circular Letter No. 08 Date: ----------------
Managing Director/Chief Executive Officer All Scheduled Banks operating in Bangladesh Dear Sir,
Regarding the provision of cash incentive against the export of leather goods by 100% export-oriented domestic enterprises.
Attention is drawn to FEPD Circular No. 09, dated April 17, 2000, and other FEPD circulars/letters related to this matter.
- In accordance with government decisions, this is to clarify that cash incentive will be provided for the export of leather goods produced in own factories by 100% export-oriented manufacturing units in the sector under discussion, alongside existing provisions. Other applicable instructions regarding the cash incentive will remain unchanged. All concerned parties are advised to take note of this matter.
Yours faithfully,
(Md. Sarowar Hossain) Director (FEPD) Phone: 9530123 May 30, 2024 16th Jyestha, 1431