Regulatory Alerts2015-09-08
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FEPD Circular Letter No. 21: Instruction on not to establish any LC for import of Salt under Public Notification No.36(2012-2015)/Import, Dated September 06, 2015
Approved dealer banks are instructed not to establish any new Letters of Credit for the import of salt because the import quota of 100,000 metric tons of crude salt (HS Heading 25.01) set under Public Notification No. 36(2012-2015)/Import has been exceeded. This directive is issued in response to a memorandum from the Office of the Chief Controller of Imports and Exports dated September 8, 2015. Dealer branches and concerned importers must ensure strict compliance with these instructions.
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