Regulatory Alerts2016-04-04
Added · Updated
FEPD Circular No. 09: Cash incentive against export of Textile/RMG
The document establishes an additional 2% cash incentive for the export of garments and garment-related items to the Euro area during the 2015-16 fiscal year, bringing the total incentive to 6%. Authorized dealer banks are instructed to settle claims for applications already decided in this period based on prior audit certificates, provided applications are submitted within 30 days of the circular's issuance. All existing FEPD circulars and instructions regarding textile exports remain unchanged.
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