Regulatory Alerts2014-09-25
Added · Updated
FEPD Circular No. 36: Cash incentive against export of other frozen fish in the year 2014-2015
The document establishes a 5% cash incentive for the export of other frozen fish shipped between July 1, 2014, and June 30, 2015. It references Circular No. 28 dated July 3, 2014, and maintains the FOB price ceiling per pound and other existing instructions from Circular No. FE(P) 291(HFC)/Policy/2003-661 dated June 3, 2003, regarding frozen shrimp and other fish. All applicable instructions regarding cash incentives for these exports remain unchanged.
Foreign Exchange Policy Department Bangladesh Bank Head Office Dhaka Ref. No. FE(P) 36 Date: ------------------- 25-09-2014 AD
To All Approved Dealer Banks Head Office / Principal Office
Regarding: Cash incentive against export of 'other frozen fish' in the current fiscal year 2014-2015.
Reference is invited to FE Circular No. 28 issued on July 03, 2014, on the subject above.
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According to the government decision, a cash incentive at the rate of 5% (five percent) will be payable against the export of other frozen fish shipped during the period from July 01, 2014, to June 30, 2015.
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With regard to the receipt of cash incentive against the export of frozen shrimp and other fish, the ceiling/limit of FOB value per unit (pound) will be determined in light of the instructions issued in Circular No. FE(P) 291(Frozen Fish)/Policy/2003-661 dated June 03, 2003. All other applicable instructions in all FE Circulars/Circular Letters regarding the payment of cash incentive against the export of frozen shrimp and other fish, along with other instructions in the said Circular, will remain unchanged as before.
All concerned parties are requested to be informed accordingly.
Yours faithfully, (Md. Zakir Hossain Chowdhury) Deputy General Manager Phone: 9530250
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