Circulars/Notifications - Banking Supervision Department  
 BPRD Circular No. 4
January 17, 1998   

All Banks

Dear Sirs,

EXPORT FINANCE SCHEME.

 

Please refer to BPRD Circular No 30 dated the 4th August, 1997 wherein the concessionary export finance for 150 days was interalia, extended for export of Dyed Yarn & Yarn of above 30 counts.

It has now been decided that the export finance facility for 150 days shall also be made available for export of Yarn of 30 Counts.

Necessary amendments against Harmonised Codes No. D 52.06 & Sub-Heading of the aforesaid list of ineligible commodities may be made as follows:-

Commodity Harmonised code Main Harmonised Code (ITC) Remarks
1. Cotton Yarn 52.05
52.06
Excluding 1) Cotton Sewing Thread ii) Blended Yarn with a cotton component not exceeding 49% and iii) Dyed Yarn and Yarn of counts 30 and above

4. Please acknowledge receipt.

 

Yours faithfully,
Sd/-
(Mansur-ur-Rehman Khan)
Director

       
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