Please
refer to para II (2) (Advances
to traders) of BCD Circular No.5 dated the 5th July,
1987 through which a margin of 75% was fixed for advances to
traders against finished goods.
2. It has now been decided
to reduce the said margin requirement to 40% against financing
facilities extended by banks in respect of finished goods
manufactured in Pakistan, to those traders only who are registered
with GST / Income Tax Department.
3.
Other instructions on the subject shall however, remain
unchanged.
Please
acknowledge receipt.
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