Regulatory Alerts2018-12-11
Added · Updated
FEPD Circular No. 41: Export Subsidy Against Export of Galvanized Sheet/Coils
The document establishes an export subsidy scheme for domestically produced galvanized sheets and coils, including hot-rolled and cold-rolled variants, applicable to shipments made during the 2018-2019 fiscal year. The subsidy is set at 10% of the net FOB value for manufacturers exporting from their own factories, excluding entities located in Export Processing Zones (EPZs) or Industrial Zones (IZs). Eligibility requires a minimum local value addition of 30%, and applications must be submitted within 180 days of export proceeds realization, accompanied by specific documentation and audit verification.
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