GOVERNMENT OF PAKISTAN
COLLECTORATE OF CUSTOMS (EXPORTS)
CUSTOM HOUSE, KARACHI.
NO. SI/SO/Q4/90-COLL(EXPORTS). Dated: 06-09-1991
STANDING ORDER NO.22/1991 (EXPORTS)
1) BANK CREDIT ADVICE FOR THE PURPOSE OF CLAIMING DRAWBACK OF DUTY/TAXES ON EXPORTS AGAINST LETTER OF CREDIT AND UNDER BARTER/CREDIT REPAYMENT.
2) ACCEPTANCE OF INVOICE VALUES FOR EXPORTS OF GARMENTS/MADE-UPS (TEXTILES) TOWELS AND LEATHER GARMNETS TO EEC COUNTRIES & USA.
In view of the Board’s directions contained in its letters C. No. 3(51)-SS(CR)/88 dated 26th May, 1991 and 16th June, 1991 on the above subject, it is hereby clarified that Bank Credit Advice (B.C.A.) will not be required for disbursement of duty drawback where the export are covered by irrevocable letter of credit. In other cases the duty drawback maybe disbursed on submission of bank guarantee as per procedure in vogue in Board’s letter C. No. 3(79)-SS(CR)/75 dated 11th June, 1980.
2. Further in cases of drawback of exports under barter/credit repayments, the credit advice from National Bank of Pakistan operating barter account/credit repayment account will be sufficient.
3. As a general practice, invoice values may be accepted in respect of exports to EEC countries and USA for garments/made-ups (textiles), towels and leather goods.
4. All concerned in processing the drawback claims and export documents may please note the above instructions of the Board for compliance.
Signed by
(M.ANWAR ALI)
COLLECTOR
Bonded warehouse/in-bonding/ex-bonding
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