The Presidents/ CEOs,
All Banks

Dear Sirs / Madam,

EXPORT FINANCE SCHEME (EFS) PART II
RELAXATION TO THE EXPORTERS OF TENTS & TARPAULINS

Please refer to the instructions on Part II of the Export Finance Scheme issued from time to time.

2. In lieu of the emergency situation and the imposition of the ban on the export of tents etc due to the earthquake of 2005 and in line with the CBR SRO No. 1080(I)/2005 dated October 22, 2005, it has been decided by the State Bank to treat local supplies of tents & tarpaulins made to the Federal/ Provincial Relief Commissioners for earthquake victims as “exports” for the purpose of Export Finance Scheme Part II for the year 2005-06 only, as one time blanket permission.
3. Accordingly, you are advised to take into account these supplies as ‘export receipts’ supported by the relevant invoices and delivery challans (Goods Receipt Note), duly backed by the certificates issued by the Federal/ Provincial Relief Commissioners. The performance evidencing supplies as per above documents is required to be furnished by the concerned exporter through their banker separately to the Chief Manager of respective SBP BSC Offices along with Format A and duly verified EF- 1 statement (if any) showing export performance during the year 2005-06. Since no E-Form is involved, hence, neither verification of statement of Format A shall be required by FEOD concerned nor shall such supplies be treated/ reported as exports for any other purposes.
4. Other instructions on the subject shall remain unchanged.

Please acknowledge receipt.

Encl: Format A