PAKISTAN HOSIERY MANUFACTURERS
& EXPORTERS ASSOCIATION
PHMA House, 37-H, Block-6, P.E.C.H.S, Karachi. Tel:
0092-21-34522769, 34522685, 34544765
Fax: 0092-21-34543774, E-mail: info@phmaonline.com
Ref. No. PHMA/Cir-038/2018
Dated: 09th June,
2018
To: All Members of the Association (Southern Zone & Northern Zone)
TECHNOLOGY UP-GRADATION FUND ORDER 2016 FOR TEXTILE
SECTOR
Please find attached self-explanatory
letter No.3(19)TID/15-RDA dated 7th June, 2018 on the subject which
received today from the Ministry of Textile Industry, Islamabad.
The Textile Division issued Technology Up-Gradation
Fund Order 2016 for Textile Sector through Notification No.3(19)TID/15-RDA
dated 3rd October, 2016.
The requisite funds have been released by Federal
Govt. to make payments during current financial year under TUF Order 2016 for
LCs retired during the period from 01-07-2016 to 30-06-2017 for import of new
machinery.
The State Bank of Pakistan IH&SMEF
Department issued Circular dated 22nd May, 2018 on
the subject matter. (http://www.sbp.org.pk/smefd/circulars/2018/C2.htm)
It is requested that members may lodge claims, before
closing i.e. up-to June 20, 2018, with the concerned offices of SBP-BSC as
there would be no extension for submission of claims as funds would lapse on
June 30, 2018.
Thanks
and Best Regards,
Khadim Rasool
Secretary
General-PHMA
Important Links:
TUF Order 2016
http://www.sbp.org.pk/smefd/circulars/2018/C2-Annex-II.pdf
Eligibility
http://www.sbp.org.pk/smefd/circulars/2018/C2.htm
Claim Form http://www.sbp.org.pk/smefd/circulars/2018/C2-Annex-I.pdf
