Rule · BB · 8 Jun 2022
The document mandates that for the export of light engineering products involving advance payment repatriation, applications for export incentives must be submitted within 180 days from the date of shipment, effective from the 2021-22 fiscal year. This directive amends the previous requirement regarding the timing of incentive applications. All other relevant instructions in existing FEPD circulars regarding the payment of export incentives and cash assistance remain unchanged.
Foreign Exchange Policy Department
Bangladesh Bank
Head Office
Dhaka.
Ref. No. FEPD Circular No. 10 Date: ------------------ To:
All Approved Dealers of Foreign Exchange Transactions.
Dear Sir,
Subject: Provision of export incentive/cash assistance for the export of light engineering products under advance payment repatriation.
Reference is invited to FEPD Circular No. 03 dated February 28, 2006, paragraph 3(c) and FEPD Circular No. 27 dated July 14, 2020, on the subject cited above.
It is hereby informed that, in accordance with government decisions, for the export of light engineering products against repatriated advance payment from the fiscal year 2021-22, applications for export incentive will be eligible to be submitted within 180 days from the date of shipment of the goods, instead of the date of repatriation of the export proceeds.
All other relevant instructions in all FEPD circulars/circular letters concerning the payment of export incentive/cash assistance shall remain unchanged.
All concerned parties are advised to take note of the matter.
Yours faithfully,
(Kazi Rafiqul Hasan)
Director (FEPD)
Phone: 9530123
Jyestho 25, 1429
June 08, 2022
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“sh assistance for the export of light engineering products under advance payment repatriation. Reference is invited to FEPD Circular No. 03 dated February 28, 2006, paragraph 3(c) and FEPD Circular N”
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