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What is the difference between Special Bonded Warehouse and Bonded Warehouse?
Bonded Warehouse Enquiry by NBR Customs | 16/05/16 at 3:42 pm Reply from NEP | 16/05/16 at 3:42 pm

Special Bonded warehouse facility is accorded to 100% export oriented garments industries, which include the oven garments and knitwear and sweater industries.On the other hand,…

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Will SME's be in a position to apply for AEO status?
Authorised Economic Operator Enquiry by NBR Customs | 26/05/16 at 10:29 am Reply from NEP | 26/05/16 at 10:29 am

The National Board of Revenue is currently working on developing the Authorized Economic Operator/ Trusted Traders system in Bangladesh, as part of its customs modernization…

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284

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What is the maximum amount of spare parts that an export oriented industry can import…
Trade Incentives (e.g. Cash Incentives, Duty Drawback Etc) Enquiry by NBR Customs | 16/05/16 at 3:35 pm Reply from NEP | 16/05/16 at 3:35 pm

As per paragraph 4.12.6 of Export Policy, 2015-2018, an export oriented industry will be allowed to import spare parts up to 10 % of total…

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283

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How diplomats and privileged persons can buy duty free motor cars/goods?
Benefits For Diplomats And Privileged Persons Enquiry by NBR Customs | 26/05/16 at 10:09 am Reply from NEP | 26/05/16 at 10:09 am

Diplomats working in Bangladesh are entitled to buy goods under bond facility if they have received exemption certificates from the Ministry of Foreign Affairs. On the…

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279

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What items can a Privileged person purchase from a diplomatic bonded warehouse?
Benefits For Diplomats And Privileged Persons Enquiry by NBR Customs | 26/05/16 at 10:11 am Reply from NEP | 26/05/16 at 10:11 am

Purchase of consumable articles from a diplomatic bonded warehouse are elaborated in the SRO no. 237-Law/2003/2015/Cus, dated 02/08/2003. As per Rule 4 of the said…

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279

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List the name of goods that are importable/exportable through Sona Mosjid LC Station?
Trade Through Lc Stations/border Hatts Enquiry by NBR Customs | 26/05/16 at 9:40 am Reply from NEP | 26/05/16 at 9:40 am

In the case of export: All types of products are exportable through Sona Mosjid Land Customs Station.In the case of import: All products, except the…

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275

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Can import prohibited old vehicles, engine be sold through auction?
Auction And Destruction And Disposal Of Goods Not Releasable Enquiry by NBR Customs | 26/05/16 at 9:50 am Reply from NEP | 26/05/16 at 9:50 am

Import prohibited goods, in particular old vehicles/conveyance, old engines and spare parts and fabrics importable under certain conditions may be sold through auction subject to…

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274

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Are the exporters, who receive duty free bonded warehousing facility, entitled to get Cash Incentive?
Trade Incentives (e.g. Cash Incentives, Duty Drawback Etc) Enquiry by NBR Customs | 16/05/16 at 3:35 pm Reply from NEP | 16/05/16 at 3:35 pm

In general, duty free bonded warehousing facility and the cash incentive facility are mutually exclusive. In other words, the exporters who enjoy duty free bonded…

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273

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Who can apply for AEO status?
Authorised Economic Operator Enquiry by NBR Customs | 26/05/16 at 10:26 am Reply from NEP | 26/05/16 at 10:26 am

The National Board of Revenue is currently working on developing the Authorized Economic Operator/ Trusted Traders system in Bangladesh, as part of its customs modernization…

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273

views

What is meant by ‘Tariff’? Where can one get the statutory tariff rates?
Classification And Tariff Issues Enquiry by NBR Customs | 26/05/16 at 9:42 am Reply from NEP | 26/05/16 at 9:42 am

The Customs Act, 1969 imposes customs duty on goods imported into or exported from Bangladesh (section 18). This import duty and export duty are known…

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271

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