The Head/ Principal Offices of all

Authorized Dealers in Foreign Exchange

Dear Sir/Madam,

6% R&D Support on Export of Processed Food

Attention of Authorized Dealers is invited to Trade Development Authority of Pakistan’s (TDAP) Public Notice on the captioned subject. In terms of which Government of Pakistan has allowed 6% R&D Support on Exports of Processed Food subject to observance of certain terms & conditions as mentioned therein. Claims so received, may be forwarded to TDAP for further necessary action at their end. A copy of the Public Notice is enclosed for the information and guidance of the Authorized Dealers.

In this regard, it is advised that the Authorized Dealers will receive the R&D claims from exporters for onward submission to TDAP. After scrutiny and approval, TDAP, shall forward the claims eligible for payments to SBP-BSC (Bank) Head Office, Karachi against Ministry of Finance’s proper allocation. Upon receipt, SBP-BSC (Bank), Head Office, Karachi would credit the concerned Authorized Dealers’ accounts accordingly for onward credit the same to the exporter’s account.

Authorized Dealers are advised to bring the above to the notice of all their constituents.