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EXCHANGE POLICY DEPARTMENT - 2008 |
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| EPD
Circular Letter No. 09 |
November
08, 2008 |
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| Compensatory
Support (7.5% Duty Borne by the Polyestry
Industry) Order, 2008 |
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| In
terms of Ministry of Textile Industry’s SRO
No. 1045 (I)/2008 dated 19-09-2008, published in
the Gazette of Pakistan on October 07, 2008, the
Government of Pakistan has decided to allow Compensatory
Support @ 7.5% as per prescribed procedure to the
existing PTA users or consumers as mentioned in
the said SRO and any other user approved by the
MINTEX, who becomes eligible in future, to offset
the impact of PTA duty on polyester chain products
manufacturer from locally procured PTA through SBP-BSC
(Bank) Offices. |
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| A copy
of the above mentioned SRO, containing eligibility
criteria, terms & conditions and procedure for
filing claims for Compensator Support, is being
enclosed for strict compliance of the same by the
Authorized Dealers. |
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| Authorized
Dealers are advised to bring the above to the notice
of all their constituents. |
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| Encl: a.a. |
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| TV COMMERCIALS |
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