Circulars/Notifications - Exchange Policy Department  
EPD Circular Letter No. 06 / EPP.1 (51)-FS- 2010

March 13, 2010



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


Dear Sirs/Madam,

INLAND FREIGHT SUBSIDY

Attention of Authorized Dealers is invited to Trade Development Authority of Pakistan’s Public Notice on the captioned subject in terms of which Government of Pakistan has allowed inland freight subsidy subject to prescribed terms & conditions as mentioned in the said Public Notice. Copy of the Public Notice is enclosed for information and guidance of Authorized Dealers.

In this regard, it is advised that the Authorized Dealers will receive the Freight Subsidy 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 of the same to the exporter’s account.
In case of any query or clarification related to the attached Public Notice, TDAP may be contacted.

Authorized Dealers are advised to bring the same to the notices of all their constituents.

Encl: 01

Yours faithfully,



(Muhammad Akmal)
Additional Director

       
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