Regulatory Alerts2019-01-07
Added · Updated
FEPD Circular No. 02: Export subsidy against export of Pet Bottle Flakes
The circular amends the export incentive rate for shipped PET bottle flakes for the fiscal year 2018-2019, increasing it from 5% to 10%. This change is implemented in accordance with a government decision and applies to all approved dealer banks handling foreign exchange transactions. All existing instructions regarding the payment of incentives under relevant circulars remain valid.
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