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The last date for submission of incremental claims of local taxes and levies drawback (Non-textile) Order, 2017 has been extended up to October 16, 2019: According to a circular issued by State Bank of Pakistan (SBP) in terms of Commerce Division, Ministry of Commerce & Textile's letter F.No. 5(2)/2017-SO (M&I) dated July 30, 2019, it has been decided to extend the deadline for submission/resubmission of claims from claimants to Authorized Dealers (ADs) under Para 1(4)(a) and 1(4)(d) till August 15, 2019.
Further, the deadline for submission of the claims from ADs to the field offices of State Bank of Pakistan and Banking Services Corporation (SBP-BSC) will be August 30, 2019. Similarly, the last date for submission of incremental claims from exporters to ADs under Para 1(4)(b) of the Order, shall be October 16, 2019 and from ADs to SBP-BSC October 31, 2019.
The SBP has advised Authorized Dealers are to bring the same to the notice of all their constituents, while, all other instructions on the subject shall remain unchanged.

Copyright Business Recorder, 2019

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