EPD
Circular Letter No. / 02 / EPP 1(51) 15% R&D -2009 |
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The Head/ Principal Offices of all
Authorized Dealers in Foreign Exchange
Dear Sirs/Madam,
RESEARCH
AND DEVELOPMENT SUPPORT TO MOTORCYCLE INDUSTRY
In
terms of Ministry of Commerce’s SRO No. 200(I)/2008
dated March 1, 2008, the Government of Pakistan has decided
to allow an equivalent amount of US$ 50 in PKR as R&D
Support to every completely built-up unit of motorcycle
exported, falling under Heading No.87.11 of the Pakistan
Customs Tariff, at the conversion rate indicated in export
proceeds realization certificate.
A copy of the above mentioned SRO, containing eligibility
criteria, terms & conditions and procedure for filing
claims of R&D support, is enclosed for strict compliance
of the same by the Authorized Dealers.
Authorized Dealers are advised to bring the above to the
notice of all their constituents.
Encl:
a. a.
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Yours
faithfully,
Sd/-
(Muhammad Akmal)
Joint Director
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