The Presidents/Chief Executive Officers,

All Banks

Dear Sir/Madam

Margin Restriction on Import of Items

1. Please refer to the BPRD Circular No. 2 of 2017 and Circular No. 5 of 2018 regarding the captioned subject.
2. It has been decided to waive the condition of 100 percent cash margin requirement on imports made against the following HS Codes:

3. Moreover, it is also clarified that 100 percent cash margin shall not be applicable to the import made by Independent Power Producers and Captive Power Producers against HS Code 8543.7090 – Other. (Sr. No. 15 of Annexure – A to BPRD Circular No. 05 of 2018).
4. All other instructions contained in the aforementioned Circulars shall, however, remain unchanged.

Please acknowledge receipt.