Attention of Authorized Dealers is invited to para 29 (iii) Chapter XII of the Foreign Exchange Manual (Seventh Edition, 1992) in terms of which if the exporter is not required to pay commission or where he is required to pay to the foreign agent an amount less than the maximum permissible limits, such amounts of commission/differential not exceeding 5% FOB value of goods realized can be retained in Foreign Currency Accounts with Authorized Dealers in Pakistan.

2. It has now been decided to enhance the above ceiling of 5% to 6%. Other terms and conditions shall, however, remain unchanged.