PAKISTAN HOSIERY MANUFACTURERS & EXPORTERS ASSOCIATION

37-H, BLOCK-6 P.E.C.H.S., KARACHI-PAKISTAN

TEL: 0092-21-34522769, 34522685, 34544765 FAX: 0092-21-34543774

E-MAIL: info@phmaonline.com   URLwww.phmaonline.com 

Ref. No. PHMA/Cir-007/2012

Dated: 14^th January, 2012

TO ALL MEMBERS OF THE ASSOCIATION

PAYMENT OF BALANCE OF PAST R&D CLAIMS.

We are attaching herewith copy of SBP letter Ref. No. FEOD(RDS)/1775/DLTL-2012 dated 12^th January, 2012 on the subject addressed to all Authorized Dealers / Banks which is self explanatory.

You will find from the above referred letter that as the Government has allowed SBP to release balance amount of R&D to the eligible exporters whose claims are pending, the banks may comply with the given procedure for payment of remaining amount of balance of Past R&D Claims to the exporters.

In view of the above all our member exporters are advised to pursue with their banks for following up their cases at the soonest and well in time, last date is 20^th January, 2011.

Best Regards,