FEPD Circular No. 45: Submission of Application for Export subsidy/Cash incentive

Foreign Exchange Policy Department Bangladesh Bank Head Office Dhaka. Ref. No. FEPD Circular No. 45 Date: ----------------- To: All Authorized Dealers of Foreign Exchange.

Dear Sir,

Regarding the submission of applications for Export Subsidy/Cash Incentive.

With reference to the subject matter, you are hereby informed that, under the government's decision, considering the special circumstances of the COVID-19 situation, the following instructions shall apply specifically to the submission of applications for export subsidies/cash incentives for the 2019-20 fiscal year:

1. In cases where it was not possible to submit the application form within the prescribed time for exports under other arrangements, including advance repatriation of export proceeds, during the 2019-20 fiscal year, the application form may be submitted within 45 days from the date of issuance of this circular.

2. All other instructions contained in the aforementioned FE Circulars/Circular Letters regarding the provision of export subsidies/cash incentives shall remain unchanged. All concerned parties are requested to take note of this.

Yours faithfully,

(Mohammad Khurshid Wahab) Managing Director Phone: 9530123 20 October 2020 04 Kartik 1427