Regulatory Alerts2024-12-05
Added
FEPD Circular No. 36: Export subsidy with bond/duty drawback facility against export of Footwear and bag made of Synthetic & Fabrics
The document amends the export promotion/cash assistance rates for footwear and bags made of synthetic and fabric blends exported with bond/duty drawback facilities. A 3.00% rate applies to goods shipped between February 1, 2024, and June 30, 2024, while a 2.00% rate applies to goods shipped between July 1, 2024, and June 30, 2025. All other instructions in related circulars remain unchanged.
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