Circulars/Notifications - Banking Policy & Regulations Department  
 BPRD Circular Letter No. 43 of 2020
September 24, 2020

The Presidents / Chief Executive Officers,
All Banks



Dear Sir/Madam

Margin Restrictions on Import of Items

Please refer to BPRD Circular No. 02 of 2017 and Circular No. 05 of 2018 on the captioned subject as amended from time to time.

2.       In this regard, it has been decided to waive the condition of 100 percent cash margin requirement on imports made against the HS Codes listed in the enclosed Annexure-A.

3.       Further, the revised HS Code for the item given at serial No. 351 (i.e. HS Code- 8517.1210: Cellular Mobile with Battery) of Annexure - A of BPRD Circular No. 2 of 2017 is 8517.1219 (Cellular Mobile Phone-Other).
 
4.        All other instructions contained in the aforementioned Circulars shall, however, remain unchanged.

5.        Please acknowledge receipt.

 

Encl: Annexure-A



Yours truly,

 

(Muhammad Akhtar Javed)
Director



       
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