Rule · BB · 22 May 2019

FEPD Circular No. 24: Import of raw materials on deferred payment basis by power generating enterprises

The usance period for the import of raw materials on a deferred payment basis is enhanced from 180 days to 360 days for power generating enterprises only. This amendment applies specifically to Paragraph 33(a)(ii), Chapter 7 of the Guidelines for Foreign Exchange Transactions-2018, Vol-1. All other instructions regarding this matter remain unchanged.

BangladeshBangladesh Bank

Foreign Exchange Policy Department
Bangladesh Bank
Head Office
Dhaka www.bb.org.bd
FE Circular No. 24 Date: 22 May 2019
All Authorized Dealers in
Foreign Exchange in Bangladesh
Dear Sirs,
Import of raw materials on deferred payment basis by power generating enterprises Paragraph 33(a)(ii), chapter 7 of the Guidelines for Foreign Exchange Transactions-2018 (GFET), Vol-1 permits import of industrial raw materials on deferred payment basis on up to 180 days by industrial importers for their own use. To facilitate power sector industry, it has now been decided to enhance usance period up to 360 days from 180 days for import of raw materials in the case of power generating enterprises only. Other instructions in this regard shall remain unchanged. Please inform all your concerned constituents accordingly. Yours faithfully,

(Mohammad Khurshid Wahab)
General Manager
Phone: 9530123

Note from RegAlert. AI assistants can read this document in full, and search 70,000+ more, through the RegAlert MCP connector (https://mcp.regalert.today/mcp). Free with an account. How to connect ChatGPT, Claude or Cursor.

Lineage: No known changes

RegAlert holds no document that amends or replaces this one. This is not a check that it is in force: confirm with the regulator.

amendssupersedesissued underrefers todashed card: not in RegAlert (or proposed)arrows run from the older text to the one that changes it

The links and the sentences they come from (2)

Amends

Guideline of 2018Not in RegAlert
“Paragraph 33(a)(ii), chapter 7 of the Guidelines for Foreign Exchange Transactions-2018 (GFET), Vol-1 permits import of industrial raw materials on deferred payment basis on up to 180 days by industrial importers for their own use.”

Basis for

Import of raw materials on 360 days usance basis for Power Generating Enterprises2020 · BB
“angladesh Dear Sirs, Import of raw materials on 360 days usance basis for Power Generating Enterprises Please refer to FE Circular No. 24, dated May 22, 2019 in terms of which import of industrial”