Circulars/Notifications - Exchange Policy Department  
 FE Circular No. 12 of 2006
August 28, 2006 

The Head/ Principal Offices of all
Authorized Dealers in Foreign Exchange

Dear Sirs / Madam,

RESEARCH AND DEVELOPMENT SUPPORT TO HOME
TEXTILES AND DYED/PRINTED CLOTH MANUFACTURING UNITS


In terms of Ministry of Textile Industry’s SRO No. 803(I)/2006 dated August 04, 2006, the Government of Pakistan has decided to allow R&D Support to the Home Textiles & Dyed/Printed Cloth Manufacturing-Cum-Exporting Units with effect from July 1, 2006. The said R&D Support shall be provided to Home Textiles and Dyed/Printed Fabrics Manufacturing-Cum-Exporting Units under Chapters 52, 55, 63 & 94 of the Pakistan Customs Tariff at the specified rate of FOB value of exports as mentioned below:

a) Dyed/Printed Fabrics (Under Chapters 52 &55) 3%
b) Home Textiles (Under Chapters 63 & 94)  
  White 3%
  Dyed/Printed 5%

However, all kinds of Towels (unstitched) are not admissible for the said R&D Support.

A copy of the above mentioned SRO, containing eligibility criteria, terms & conditions and procedure for filing claims for R&D support, is being enclosed for strict compliance by the Authorized Dealers.

Authorized Dealers are advised to bring the above to the notice of all their constituents.


Annex (Size in PDF 1 MB)


Yours faithfully,

(Azhar Kureshi)
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.