Circulars/Notifications - Exchange Policy Department  
 FE Circular No. 14 of 2006
September 15, 2006  

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



Yours faithfully,

(Syed Samar Hasnain)
Director

       
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