Regulatory Alerts2014-08-24
Added · Updated
FEPD Circular No. 31: External financing for imports (buyers'/suppliers' credit) : orderly repayment
The exemption from quarterly installment repayment for eligible deferred payment imports with a tenure of up to six months now applies regardless of import value for bulk shipments of specific unprocessed or crude food items. This change affects unrefined edible oil and oil seeds imported by refiners or millers, crude sugar imported by refiners, and unground wheat imported by flour mills. Authorized Dealers of Foreign Exchange in Bangladesh are instructed to inform their concerned constituents of this update.
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