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The federal government announced to extend date for submission of claims of Drawback of Local Taxes and Levies Order 2015 Budget Incentive for Export of Value Added Sector (excluding textiles). According to Ministry of Commerce's Notification No 1(26)/2013-SO (TP) dated June 19, 2015, the federal government has extended the date of submission of claims from June 30, 2015 to July 31, 2015. Ministry has made it clear that no claim will be accepted after August 1, 2015. All other instructions on the subject shall remain unchanged.
The State Bank of Pakistan has advised authorised dealers to bring the same to the notice of all their constituents.

Copyright Business Recorder, 2015

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