Regulatory Alerts2013-07-07
Added · Updated
FEPD Circular No. 12: Export subsidy/Cash incentive for the financial year 2013-2014
The document establishes export subsidies and cash incentives for specific goods exported between July 1, 2013, and June 30, 2014. It mandates a 5.00% cash incentive for domestic garment exports, rates between 15.00% and 20.00% for hand-made products, a 20.00% export subsidy for agricultural products, and specific rates for eggs, light engineering, halal meat, frozen shrimp, leather, ships, new markets, SMEs, potatoes, PET bottles, and jute products. The circular also clarifies that frozen shrimp exports are exclusively covered under cash incentives per previous directives, while all other existing terms and conditions remain unchanged.
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