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031215
STATE BANK OF PAKISTAN - FOREIGN EXCHANGE DEPARTMENT
Circular Letter No. 20 /EPP-1 (51) FS-2003
December 15, 2003
The Head Offices/Principal Offices of all Authorised Dealers in Foreign Exchange
Dear Sirs,
25% FREIGHT SUBSIDY ON EXPORT
Attention of Authorized Dealers is invited to the Circular
letter No. 1/EPP-(51)FS-2003 dated the 4th January 2003 providing the copies of
Public Notice and relative documents containing eligibility criteria and
procedure for claiming freight subsidy.
2. Export Promotion Bureau vide their Public Notice No. 2(2)/2003-PPI dated the
11th November 2003 have issued revised rules and regulations pertaining to 25%
Freight Subsidy on Export. A set of these rules and regulations governing the
Scheme of Freight Subsidy is enclosed for information, guidance and necessary
action of the Authorized Dealers.
3. In order to access the Annexures mentioned in the revised Public Notice
pertaining to list of New Markets, Commodities, Application Form, Summary claim
and Freight Subsidy Claim etc., Authorized Dealers are advised to visit Export
Promotion Bureau’s website (www.epb.gov.pk).
4. Please bring the above to the notice of the concerned constituents
accordingly.
Yours faithfully,
(SYED SAMAR HASNAIN)
Joint Director
Copy forwarded for information to: -
i). The Director, EPD, SBP, BSC (Bank), Karachi with a request to please
circulate the above in his Area Offices.
ii). The Director, Accounts Department, SBP, Karachi.
iii). The Director, Statistics Department, SBP, Karachi.
iv). The Director, Banking Inspection Department, SBP, Karachi
v). The Director, Banking Policy Department, SBP, Karachi.
vi). The Director, Banking Supervision Department, SBP, Karachi
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