SBP sets mechanism for ITM facility in importing input goods – Uptrends

SBP sets mechanism for ITM facility in importing input goods – Uptrends

  The State Bank of Pakistan (SBP) has outlined the procedure for accessing the International Toll Manufacturing (ITM) facility within the Export Facilitation Scheme (EFS), allowing the import of input goods directly or indirectly from foreign principals without requiring any remittance of foreign exchange. The Federal Board of Revenue (FBR), through SRO 1093(I)/2023 dated August … Read more