Circulars/Notifications - Exchange Policy Department  
 EPD Circular Letter No. 12 of 2023

August 21, 2023


The Presidents/Chief Executives
All Authorized Dealers in Foreign Exchange


Dear Sir/Madam,

Final Dates for Resubmission of Claims Under Duty Drawback Schemes -
DDT 2017-18 (Textile), DDT 2018-21 (Textile), LTLD 2017 (Non-Textile), LTLD 2018 (Non-Textile)


   Attention of the Authorized Dealers (ADs) is invited to the following four (04) EPD Circular Letters on the above subject and various amendments issued/ circulated from time to time.

Sr. #

Scheme Name

SBP Instructions

Notification/ SRO

01

Local Taxes and Levies Drawback (Non-Textile) Order, 2017

EPD Circular Letter No. 24 dated 19-12-2017

S.R.O. No. 1248(I)/2017 dated 14-12-2017

02

Duty Drawback of Taxes Order 2017-18 (Textile)

EPD Circular Letter No. 25 dated 19-12-2017

Notification No. 1(42-A)TID/17-TR-II dated 12-12-2017

03

Local Taxes and Levies Drawback (Non-Textile) Order, 2018

EPD Circular Letter No. 19 dated 24-10-2018

S.R.O. No. 711(I)/2018 dated 08-06-2018

04

Duty Drawback of Taxes Order 2018-21 (Textile)

EPD Circular Letter No. 21 dated 26-11-2018

Notification No. 1(42-B)TID/18-TR-II dated 03-08-2018

2. In terms of Ministry of Commerce (Textile Wing) letter No. 1(42-B)/TID-18-TR-II dated July 18, 2023 (copy enclosed), it has been decided that September 30, 2023 will be the final cut-off date for resubmission of following discrepant cases to SBP-BSC:

  1. Case-to-case claims, under para 1(4)(a) & 1(4)(d) of scheme at Serial No. 3 and para 1(2)(a) & 1(2)(d) of scheme at Serial No. 4 above, for FY 2020-21.

  2. Incremental claims under para 1(2)(b) and 1(4)(b) for schemes mentioned at Serial No. 1 to 4 above.

Accordingly, banks should resubmit their claims before the deadline i.e. close of business on September 30, 2023.

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

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

Encl: as above


Yours Sincerely,

Sd/-

(Dr. Asif Ali)
Director

Back to Circular Page / Home Page
       
Home
About SBP
Publications
Economic Data
Press Releases
Circulars/Notifications
Laws & Regulations
Monetary Policy
Help Desk
SBP Videos
Feedback
Contact us
What's New?
Speeches
Online Tenders
Web Links

Educational Resources
Regulatory Returns
Library
Rupey ko Pehchano
Events
Zahid Husain Memorial Lecture
Careers
Sitemap
 
Best view Screen Resolution : 1024 * 768
Copyright © 2016. All Rights Reserved.