NBR - National Enquiry Point

Enquiry

NBR Customs
16/05/16 at 3:44 pm

What is the bonding period for garments bond and other bonded warehouse?

NEP
16/05/16 at 3:44 pm

Closed

For export-oriented industries, bond period varies from industry to industry. Appropriate bonding periods for different types of industries are shown below:

Bonded warehouse types	Bonding period
Special Bonded Warehouse	24 Months; Commissioner reserves the power to extend the bonding period for a maximum of 6 months
Direct Exporter	24 Months; Commissioner reserves the power to extend the bonding period for a maximum of 6 months
Home Consumption Bond (e.g. British American Tobacco, Hayes and Haier, Meghna, Citi group, TK)	6 Months; Commissioner may extend the bonding period for 3 months and NBR may further extend the bonding period for 3 months
Deemed Exporter	24 Months; Commissioner reserves the power to extend the bonding period for a maximum of 6 months
Diplomatic and privileged persons Bonded warehouse	12 Months; Commissioner may extend the bonding period for 3 months and NBR may further extend the bonding period for 3 months
Ship Builders Bond	48 Months; Bonding period is extendable.

Note: Commissioner reserves the power to extend the bonding period for a maximum of 6 months in the case of special bonded warehouse, direct exporters, and deemed exporters. In other cases, Commissioner may extend the bonding period for 3 months and the NBR may then extend the bonding period for a further period of 3 months.

[This is for informational purposes only. In case of contradiction of conflict with relevant Act/Rules, provisions mentioned or referred to in the said Act/Rules shall prevail.]

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