FEPD Circular No. 22: Export subsidy against export of intestines, horns and tendons of cow & buffalo (except bone)

Foreign Exchange Policy Department
Bangladesh Bank
Head Office
Dhaka-1000
Ref. No. FEPD Circular No. 22
Date: -------------------
22 July, 2018

To All
Approved Dealer Banks

Dear Sir,

Subject: Provision of subsidy against export of intestines, hides, horns and tendons (except bone) of cow & buffalo.

Reference is invited to FEPD Circular No. 28, dated 24 November 2016, issued regarding the payment of subsidy against the export of intestines, hides, horns and tendons (except bone) of cow & buffalo.

2. In accordance with the government's decision, it is hereby informed that paragraph 4(k) of the aforementioned FEPD Circular has been partially amended to state that a certificate from the 'Export Promotion Bureau' must be submitted along with the subsidy application for the export of the subject commodity. In this regard, necessary amendments have been made to Form 'B' attached to FEPD Circular No. 28, dated 24 November 2016, which is appended herewith.

3. This instruction shall be effective from the date of issuance of this circular for all subsidy applications pending at authorized dealer bank branches or with audit firms for verification, as well as for applications for future subsidies.

All concerned are requested to be informed about this matter.

Yours faithfully,

Attachment: As per text.

(Md. Harun-ur-Rashid)
Deputy General Manager
Phone: 9530625

(See FEPD Circular No. 22/2018) Form 'B'
Certificate of Entitlement Issued by Export Promotion Bureau Certificate of Entitlement for Receiving Export Subsidy against Export of Intestines, Hides, Horns, Tendons (except Bone) of Cow & Buffalo

1. Name, ERC Number and Address of the Applicant:
2. Export Letter of Credit/Contract Number: Date: Value:
3. Name and Address of Foreign Buyer:
4. Name and Address of Foreign Buyer's Bank:
5. (a) Invoice Number: Date:
   (b) Quantity and Value of goods mentioned in the Invoice:
6. Source of collection of local raw materials used in the production of exported goods (Name and Address of Supplier):
   Quantity: Value:
7. Source of collection of imported auxiliary materials used in the processing of exported goods (Name and Address of Supplier):
   Quantity: Value:
8. Description of Exported Goods: Quantity: Value:
9. Date of Shipment: Destination Port:
10. EXIP Number: Value: Date:
11. Total Repatriated Export Value (in Foreign Currency): Net FOB Export Value (in Foreign Currency):
12. Certificate Number of Repatriated Export Value: Date:

Signature and Date of Exporter

Hereby it is certified that the particulars mentioned in the above paragraphs are correct and true. The intestines, hides, horns, and tendons (except bone) of cow & buffalo, collected entirely from local sources (mentioned in serial no. 6), were processed in our own factory for export, and the export subsidy was received. The authenticity/reliability of the foreign buyer/importer's purchase order has also been verified.

Signature and Date of Exporter

It has been verified that the exporter's above declaration is correct. The declared export value mentioned in serial no. 8 has been found reasonable and consistent with the prevailing international market price, and the authenticity/reliability of the foreign buyer has been verified. It is recommended to pay the export subsidy on the repatriated export value (Net FOB Value).

Signature, Date and Seal of Two Suitable Officers of the Export Promotion Bureau

[This certificate shall be considered void if any erasure, cutting, tearing or correction is made.]