(A) Assessable value for Customs duty = Assessable value of goods for the purpose of assessing the amount of Customs Duty is calculated in the…
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Cash incentives offered to various sectors during the fiscal year 2015-2016 are elaborated in the Bangladesh Bank F.E. Circular 08, July 13, 2015. Cash incentives…
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If the shipment condition states, say for example, CIF Chicago, it means that the exporter will have to bear all costs (costs, insurance and freight)…
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In the case of export: All types of products are exportable through Teknaf Land Customs Station.In the case of import: All products, except the following…
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Goods may be taken out of the Export Processing Zones to the Domestic Tariff Area (DTA) on fulfilment of conditions laid down in the NBR…
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Various categories of items require testing, in some cases mandatory, before their Customs clearance. For example-Food products: As per conditions under Paragraph 16(5) of the…
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Under section 79 of the Customs Act, 1969, imported goods require an Import Declaration/Bill of Entry (B/E) to be lodged with Customs so that the…
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There are fixed rate of duties and taxes on Television sets of different sizes/descriptions. The rates are as below: Plasma, LCD, TFT, LED Television Duties…
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A number of steps are involved in the process of Tariff Classification of a particular product/goods. These include- (i) Identifying the GoodsThe first step is to…
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Following documents are to be enclosed with the Import Declaration or B/E:Invoice;Packing List;Bill of Lading/Air Way Bill/House Air Way Bill/Truck Receipt/Railway Receipt (as applicable);Letter of…
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