The Head/Principal Offices of
Authorized Dealers in Foreign Exchange
Dear
Sirs,
Foreign
Remittances on account of Donations/Aid for Earthquake Victims
Attention of the Authorized Dealers is invited to the foreign
remittances being received on account of Donations/Aid for
the relief of victims of the recent earthquake. These remittances
are being received from abroad by the Government, as well
as by the Private Sector in Pakistan.
With a view to streamlining the reporting process of the
above transactions, it has been decided that the Authorized
Dealers will report all such transactions on Schedule “J”
alongwith Form “R”. For this purpose, the following
codes will be used from the Code List No. 5 (Invisible &
Capital Receipts) for Official Donations (where recipient
is Government) and Private Donations (where recipient is
Private Sector):
Description Code
1. Official Donations (Aid & Relief related) 9454
2. Private Donations 9473
Authorized
Dealers are advised to bring the above to the notice of
their constituents.
.