Circulars/Notifications - Banking Policy & Regulations Department  
 BPRD Circular Letter No. 13 of 2019
May 28, 2019

The Presidents/Chief Executive Officers,
All Banks



Dear Sir/Madam


Margin Restriction on Import of Items


Please refer to the BPRD Circular No. 2 of 2017 and Circular No. 5 of 2018 regarding the captioned subject.

2. It has been decided to waive the condition of 100 percent cash margin requirement on imports made against the following HS Codes:

Sr. No HS Code
1
0105.1100
2
8472.9090
3
8473.3090
4
1006.1010
5
8472.9010

3. Moreover, it is also clarified that 100 percent cash margin shall not be applicable to the import made by Independent Power Producers and Captive Power Producers against HS Code 8543.7090 – Other. (Sr. No. 15 of Annexure – A to BPRD Circular No. 05 of 2018).

4. All other instructions contained in the aforementioned Circulars shall, however, remain unchanged.

Please acknowledge receipt.

 

 


Yours truly,

Sd/-

(Muhammad Akhtar Javed)
Director



       
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