The Head/Principal Offices of all
Authorized Dealers in Foreign Exchange.

Dear Sirs,

SCHEME FOR FREIGHT SUBSIDY ON EXPORTS

Authorized Dealers are informed that Export Promotion Bureau (EPB) have brought about some amendments in the rules of Scheme for Freight Subsidy on Exports announced through the Public Notice No. 2(2)/2003-PPI dated November 11, 2003, which was notified to you vide our Circular Letter No. 20/EPP-1 (51) FS-2003 dated December 15, 2003.

2. Accordingly, a copy of Export Promotion Bureau’s Circular No. EPB-2 (2)/2003 Vol.XIII dated April 26, 2004 is enclosed with the advice to the Authorized Dealers to comply with the contents thereof while processing the claims of Freight Subsidy on Exports.

3. Please bring the above to the notice of your concerned constituents accordingly.