Regulatory Alerts2017-11-15
Added · Updated
FEPD Circular No. 39: To avail 360 days deferred payment facility to import 04 basic raw materials of steel industry for their own use
The document extends the maximum deferred payment facility for importing four basic raw materials (Hot Rolled Coil, Scrap, Pig Iron, and Sponge Iron) used in the steel industry for own use from 180 days to 360 days. This directive applies to approved dealer banks engaged in foreign exchange transactions and takes effect immediately.
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