In
terms of Ministry of Food, Agriculture and Livestock’s
Public Notice No. 7-1/2006-Fert dated 29th September,
2006, subsidy on phosphatic and potassic fertilizers during
Rabi 2006-07 would be allowed as per details provided
therein.
Accordingly,
Authorised Dealers are advised to process the subsidy
claims on phosphatic and potassic fertilizers, while strictly
observing the terms and conditions mentioned in the Public
Notice, as per the procedure given below:
a)
Importers will lodge their claims along with the import
documents (including invoices, copy of contract/LC, Bill
of Entry/GD Form, Truck/Railway Receipt, Bill of Lading,
etc) to their bankers within 30 days from the date of
clearance of consignment from the Customs.
b) Authorized Dealers will examine, process, recommend
and forward the claim within 3 working days of its receipt
to the concerned Field Office, SBP-Banking Services Corporation,
for payment.
c) Field Office, SBP-Banking Services Corporation, on
the basis of Authorized Dealers’ certification will
credit their accounts with the claimed amounts within
3 working days of receipt of claims for onward disbursement
to the concerned importer immediately.
Copy
of the above-mentioned Public Notice is enclosed.
Authorized
Dealers are advised to bring the above to the notice of
their constituents.
Annex: