Exports of wheat and wheat products get extension till Aug. 31, 2017

ECC considered proposal submitted by Ministry of Commerce regarding PM's Package for Exporters, ECC decided to extend date of submission of claims till 30th September 2017 for shipments / exports made up to 30th June 2017.
ECC approved proposal of Ministry of National Food Security & Research to extend export period of wheat and wheat products beyond 15th March 2017 till 31st August 2017.
Wheat exporters, who shifted wheat from godowns of food departments prior to 15th March 2017,will be allowed to benefit from this extension.
ECC approved proposal regarding outstanding claims of PASSCO on account of wheat supplied to Afghanistan.
ECC recommend to Federal Government to extend period of applicability of reduced rate of withholding tax of 0.4% on banking transactions of non-filers till 30th September 2017
ECC recognized services of Mr. Tariq Bajwa, both as an ex-officio participant of the ECC, and as a civil servant in various capacities including his current role as Finance Secretary. Mr. Bajwa will be retiring from civil service on 18th June 2017.