Regulatory Alerts2015-08-11
Added · Updated
FEPD Circular No. 09: Regarding auditing before payment of cash incentive against export of leather goods
Bangladesh Bank requires that an audit report be obtained before paying cash incentives for the export of leather goods, aligning this requirement with procedures applied to other export sectors. This directive applies to all approved dealers in foreign exchange transactions and supersedes previous circulars on the matter. The instruction takes effect from the date of issuance and remains applicable alongside existing audit firm deployment guidelines for other sectors.
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