Ref. No. PHMA/ Cir-040/2023
Dated:22^nd August 2023 

DUTY DRAWBACK OF TAXES (DDT) TEXTILE

Final Dates for Resubmission of Claims Under Duty Drawback Schemes - DDT 2017-18 (Textile), DDT 2018-21 (Textile)

State Bank of Pakistan has extended the cut off dates for submission/ re-submission of DDT claims for the year 2017-18 under Notification No. 1(42-A)TID/17-TR-II dated 12-12-2017 and for the year  2018-19 to  30-06-2021 under Notification No. 1(42-B)TID/18-TR-II dated 03-08-2018 up to 30^th September 2023 

In terms of Ministry of Commerce (Textile Wing) letter No. 1(42-B)/TID-18-TR-II dated July 18, 2023 (copy enclosed), it has been decided that September 30, 2023 will be the final cut-off date for resubmission of following discrepant cases to SBP-BSC:

Case-to-case claims, under para 1(4)(a) & 1(4)(d) of scheme at Serial No. 3 and para 1(2)(a) & 1(2)(d) of scheme at Serial No. 4 above, for FY 2020-21.

Incremental claims under para 1(2)(b) and 1(4)(b) for schemes mentioned at Serial No. 1 to 4 above.

Accordingly, banks should resubmit their claims before the deadline i.e. close of business on September 30, 2023.

Relevant Circular of State Bank of Pakistan EPD circular letter No. EPD Circular Letter No. 12 of 2023 is attached for ready reference.

In view of above, members are advised to treat the above on urgent/ priority basis to submit their cases well before deadline September 30, 2023.

Thanks and best regards

 Mr. Muhammad Babar Khan     Muhammad Jawed Bilwani       Khizer Mehboob            Naseer Ahmed Butt

 Central Chairman                        Patron In-Chief                            Zonal Chairman SZ         Zonal Chairman NZ