Rule · BB · 20 Oct 2020
The document instructs approved dealers that applications for export subsidies or cash incentives for the 2019-20 fiscal year, which were not submitted during the originally prescribed period due to the COVID-19 situation, may now be filed within 45 days from the date of this circular. All other instructions contained in previous Foreign Exchange Circulars regarding the provision of export subsidies or cash incentives remain unchanged and in full effect.
Foreign Exchange Policy Department
Bangladesh Bank
Head Office
Dhaka.
Ref. No. FEPD Circular No. 45 Date: ----------------- To All Approved Dealers of Foreign Exchange Transactions.
Dear Sir,
Regarding the submission of applications for export subsidy/cash incentive.
In this regard, you are hereby informed that, under special consideration in the context of the COVID-19 situation, the following instructions shall apply regarding the submission of applications for export subsidy/cash incentive for the 2019-20 fiscal year:
In cases where it was not possible to submit the application form during the prescribed period for exports under other arrangements, including advance repatriation of export proceeds, for the 2019-20 fiscal year, the application form may be submitted within 45 days from the date of issuance of this circular.
All other instructions contained in all other FE Circulars/Circular Letters regarding the provision of export subsidy/cash incentive shall remain unchanged. All concerned parties are requested to take note of this.
Yours faithfully,
(Mohammad Khurshid Wahab)
General Manager
Phone: 9530123
20 October 2020
04 Kartik 1427
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