Bangladesh NEP for Customs

Enquiry

NBR Customs
16/05/16 at 2:37 pm

What are IM 4 and IM 7? What purpose they are used for?

Reply

NEP
16/05/16 at 2:37 pm
Closed

These are the different CPCs (Customs Procedure Codes) used for Customs assessment and clearance under the automated ASYCUDA World system. 

IM 4 CPC is used for dutiable goods on which customs duties and taxes are payable. 

IM 7 CPC is used for goods imported under the warehousing facility. IM 7 covers those declarations that relate to goods which are assessed and cleared under the bonded warehousing facility without payment of duty. 

[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.]

View Enquiry Details
Enquiry Info
Enquiry Id
8
Author
NBR Customs
Original Enquiry Date
16/05/2016 at 14:37:37
Original Reply Date
16/05/2016 at 14:37:37
Time to Reply
0 hours
Last Reply
16/05/2016 at 14:37:37
Views
1850
Status
Closed