Regulatory Alerts2014-06-08
Added · Updated
FEPD Circular No. 25: Payment of additional cash incentive against export of RMG of Textile Industry
The document establishes an additional cash incentive of 0.25% on the FOB value of Ready-Made Garment (RMG) exports and increases the existing market expansion incentive for non-US/Canada/EU markets from 2% to 3%. A maximum total cash incentive of 11% applies if an exporter claims multiple incentives for the same shipment. These measures are effective for goods shipped between January 1, 2014, and June 30, 2015, with specific application forms and verification procedures mandated for authorized dealer banks.
More like this from BB
BB published 33 documents in the last 30 days. We email you each new one the day it's published.
Topics
fx
Share