FBR extends utilisation period of input goods under export facilitation schemes

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ISLAMABAD: The Federal Board of Revenue (FBR) has extended the utilisation period of input goods under all three export facilitation schemes that are manufacturing bond, Export Oriented Units (EOU) and Export Processing Zones (EPZ) up to February 28, 2021.

This measure shall ensure that the feared losses of these exporters due to Covid-19 pandemic wherein orders were either cancelled or delayed shall be addressed, said a press release issued by FBR here on Wednesday.

FBR is committed to achieving the vision of prime minister for exporter’s facilitation and addressing their genuine hardships on a proactive basis at their doorsteps. Such steps shall boost exports and will result in trade facilitation by ensuring the competitiveness of our exported goods in international markets, it concluded.

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