Regulatory Alerts2020-10-06
Added · Updated
FEPD Circular No. 42: Waiver of quarterly repayments against imports permissible under supplier's/buyer's credit
The exemption from quarterly installment repayments is extended to other permissible deferred payment imports referred to in paragraph 33(a) of chapter 7 of the Guidelines for Foreign Exchange Transactions (GFET)-2018. This decision applies to all Authorized Dealers in Foreign Exchange in Bangladesh to facilitate the smooth settlement of import payments. Authorized Dealers are required to inform their concerned constituents of this extension.
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