The
Head/ Principal Offices of all
Authorized Dealers in Foreign Exchange
Dear
Sirs / Madam,
Research
and Development Support
(LEATHER FOOTWEAR SECTOR)
In
terms of Ministry of Commerce’s SRO No. 871(I)/2006
dated August 25, 2006, the Government of Pakistan has decided
to allow R&D Support to leather footwear units manufacturing
and exporting leather footwear falling under Chapters 64
of the Pakistan Customs Tariff at the rate of 6% of FOB
value of exports.
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 of the same by the Authorized Dealers.
Authorized
Dealers are advised to bring the above to the notice of
all their constituents.
Encl.
As Above