KARACHI: Collectorate of Customs Exports Deputy Collector Mahmood-ur-Rehman Baig issued office order for uploading of LC/contract on filing GD for exports with effect from July 16.
The office order stated that in terms of paragraph 3 of the Export Policy Order 2016 dated 18.4.2016 read with section 155 M of the Customs Act, 1969 and foreign exchange rules and regulation notified by the State Bank of Pakistan, all exporters whose exports are Letter of Credit (LC) or contract based, in addition to documents/ certificates already required under the law, shall further scan/uploaded the bank registered contract, Letter of Credit (LC).
All exporters/clearing agents are requested to ensure that the above bank registered contract and Letter of Credit shall invariably be scanned and uploaded at the timing of filing of Goods Declaration for export.
