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040504
STATE BANK OF PAKISTAN - EXCHANGE POLICY DEPARTMENT
F.E. Circular No. 05
May 04, 2004
The Head Offices of
all Authorized Dealers
in Foreign Exchange.
Dear Sirs,
EXEMPTION FROM ‘E’ FORM PROCEDURE FOR EXPORT OF LITERARY/GENERAL/EDUCATIONAL BOOKS
Attention of the Authorized Dealers is invited to
F.E. Circular No. 12 dated 16th June 2003 wherein export of educational
course books for school and colleges for Pakistani students and other running
under respective Embassies abroad were given exemption from ‘E’ form procedure
2. To further liberalize the Foreign Exchange regime, it has now been decided to
bring Literary, Religious, Educational and General books in the sphere of
exemption granted under the above referred circular subject to the condition
that the value of the individual shipment/export does not exceed US$ 10,000 (US
Dollar Ten Thousands).
3. Instructions issued vide F.E. Circular No. 12 dated the 16th June 2003
regarding endorsement by the Customs on NOC of each shipment and
submission/reporting to FEOD, SBP, BSC (Bank) shall continue as existing for the
purpose of this Circular.
4. Authorized Dealers are advised to bring the same to the notice of all their
constituents.
Yours faithfully,
(Azhar Kureshi)
Director
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