Circulars/Notifications - Banking Supervision Department  
 BSD Circular No.18
June 30, 2000  

All Banks / NBFls,

Dear Sirs,

EXPORT FINANCE SCHEME

Please refer to BPRD Circular No. 44 dated the 17th December, 1998 in terms of which a negative list of commodities not eligible for concessionary export finance under the Export Finance Scheme was also circulated.

It has been decided to exclude cotton yarn and grey cloth from the purview of the above Scheme. You are, therefore, advised to please make following amendments/addition against Harmonised Code No. & Sub-Heading of the aforesaid list of in-eligible commodities:

Sr.No.
Commodity.
Harmonized Code
 2 . Cotton Yarn
Excluding (i) Cotton Sewing Thread

(ii) Blended Yarn with a cotton component not exceeding 49% and

(iii) Dyed Yarn

52.05

52.06

52.07

5207.1000

5207.9000

 25 . Grey Cotton Cloth (All types)
52.08
52.09

The above instructions will come into force with immediate effect . However, it is advised that the refinance facility against loans already allowed by State Bank shall be available till their respective maturities or repatriation, whichever is earlier.

Please acknowledge receipt.

Yours faithfully,
Sd/-
(Shoaib Ahmad)
Additional Director

       
Home
About SBP
Publications
Economic Data
Press Releases
Circulars/Notifications
Laws & Regulations
Monetary Policy
Help Desk
SBP Videos
Feedback
Contact us
What's New?
Speeches
Online Tenders
Web Links

Educational Resources
Regulatory Returns
Library
Rupey ko Pehchano
Events
Zahid Husain Memorial Lecture
Careers
Sitemap
 
Best view Screen Resolution : 1024 * 768
Copyright © 2016. All Rights Reserved.