Circulars/Notifications - Exchange Policy Department  
 EPD Circular Letter No. 19 of 2017

October 06, 2017

The Presidents/Chief Executives of all
Authorized Dealers in Foreign Exchange

Dear Sirs / Madam,

Extension in Subsidy on Export of Wheat and Wheat Products

Attention of the Authorized Dealers is invited to EPD Circular Letter No. 18 dated September 13, 2017 regarding the captioned subject.

2.         In terms of the Ministry of National Food Security and Research (MNFSR), Government of Pakistan’s Notification No. 4-12/2014/DFSC-II/Wheat Export dated September 26, 2017 (copy enclosed) the ECC of the Cabinet has approved extension in processing period of export of wheat/wheat products beyond August 31, 2017 till October 30, 2017 subject to the term and conditions mentioned therein. Accordingly, it is advised that subsidy on export of wheat/wheat products shall be allowed till October 30, 2017 (to be determined by GD filing date) to those exporters who have lifted the wheat from godowns of Food Departments of respective Provincial Governments during the period August 19, 2016 to March 15, 2017.

3.         Therefore, exporters of wheat/wheat products will approach FEOD, SBP-BSC (Bank), Head Office, Karachi or respective field office of SBP-BSC, as the case may be, through their Authorized Dealer claiming the subsidy latest by December 31, 2017. No claims will be entertained after aforementioned time period.

4.         All other instructions on the subject shall remain unchanged.

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

Encls: As above- Notification

Yours truly,


(Fazal Mahmood)

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