BB extends application submission deadline for software export subsidy

Staff Correspondent | Published: 00:00, Nov 12,2018

 
 

Bangladesh Bank has extended time to apply for getting subsidy on export of software, ITES and hardware in the fiscal year 2017-2018 by 30 days.
The central bank on Sunday issued a circular extending the time.
As per the circular, the time was extended for the exporters of software, information technology enabled services (ITES) and hardware in FY 2017-18 who failed to submit applications for subsidy within the period of repatriation of export prices before February 8, this year.
Exporters will be able to submit applications within the next 30 days to respective bank branches, the circular said.
The BB in a circular on February 8 this year, announced 10 per cent subsidy for exporters on export of software, ITES and hardware from own factories or institutions.

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