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FE Rules2009RESEARCH AND DEVELOPMENT SUPPORT TO MOTORCYCLE INDUSTRY

RESEARCH AND DEVELOPMENT SUPPORT TO MOTORCYCLE INDUSTRY

EPD Circular Letter No. 02 June 02, 2009


In terms of Ministry of Commerce’s SRO No. 200(I)/2008 dated March 1, 2008, the Government of Pakistan has decided to allow an equivalent amount of US$ 50 in PKR as R&D Support to every completely built-up unit of motorcycle exported, falling under Heading No.87.11 of the Pakistan Customs Tariff, at the conversion rate indicated in export proceeds realization certificate.

A copy of the above mentioned SRO, containing eligibility criteria, terms & conditions and procedure for filing claims of R&D support, is enclosed for strict compliance of the same by the Authorized Dealers.

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

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