Circulars/Notifications - Exchange Policy Department  
 F.E. Circular No. 28
November 20, 1999 

All Authorised Dealers
in Foreign Exchange,

Dear Sirs,

COMMISSION/BROKERAGE ON EXPORTS

Please refer to the instructions contained in paragraph 29, Chapter XII of the Foreign Exchange Manual, in terms of which Authorised Dealers are permitted to allow payment of commission/brokerage due to foreign importers/or agents by exporters in Pakistan at the maximum rate of 1% against export of raw cotton. It has been decided to increase the maximum rate upto 2% till further orders.

       
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