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What formalities are to be observed to import raw cotton?
Documents And Formalities For Import Enquiry by NBR Customs | 16/05/16 at 2:39 pm Reply from NEP | 16/05/16 at 2:39 pm

As per conditions under paragraph 26(60) of the Import Policy Order, 2015-2018, fumigation is mandatory in case of import of American cotton that means raw…

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What actions do Customs authority usually take if imported food is found not fit for…
Auction And Destruction And Disposal Of Goods Not Releasable Enquiry by NBR Customs | 26/05/16 at 9:49 am Reply from NEP | 26/05/16 at 9:49 am

If the imported food item is found not fit for human consumption or its edible life or shelf life is expired, Customs will not release…

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242

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Is it possible to export without LC? What are the procedures?
Documents And Formalities For Export Enquiry by NBR Customs | 16/05/16 at 2:44 pm Reply from NEP | 16/05/16 at 2:44 pm

As per the Guidelines for Foreign Exchange Transaction, exports can be made without LC if there is a Sales Contract. In that case, the size,…

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239

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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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239

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What is the meaning of ‘Commercial’ quantity for the purpose of Baggage Facility?
Passenger And Baggage Information Enquiry by NBR Customs | 16/05/16 at 3:06 pm Reply from NEP | 16/05/16 at 3:06 pm

According to Rule 10 of the Passenger (Non-Tourists) Baggage (Import) Rules, 2012, goods imported as baggage in excess of goods listed in Schedule 2 and…

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238

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What is the bonding period for garments bond and other bonded warehouse?
Bonded Warehouse Enquiry by NBR Customs | 16/05/16 at 3:44 pm Reply from NEP | 16/05/16 at 3:44 pm

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…

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238

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When Input-Output co-efficient is necessary to get duty drawback?
Refunds And Duty Drawback Enquiry by NBR Customs | 26/05/16 at 9:36 am Reply from NEP | 26/05/16 at 9:36 am

When duty drawback is given on the basis of actual rate, determination of input-output coefficient is necessary. The Input-Output Co-efficient is not fixed and is subject…

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238

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What is the rate of airfreight fare that will be added to assess the value…
Documents And Formalities For Import Enquiry by NBR Customs | 16/05/16 at 2:39 pm Reply from NEP | 16/05/16 at 2:39 pm

For the purpose of determining the assessable value of a imported consignment at a Customs airport, an amount equal to 15% of the freight published…

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237

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What happens when Customs seizes goods violating Copyrights or Trade Marks?
Offences And Penalties Enquiry by NBR Customs | 26/05/16 at 10:19 am Reply from NEP | 26/05/16 at 10:19 am

In the case where an Intellectual Property (IP) rights holder (objector) lodges a Notice of Objection, Customs will seize any goods that infringes a copyright…

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236

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Can a person import explosive commercially?
Conditions Governing Imports Enquiry by NBR Customs | 26/05/16 at 10:05 am Reply from NEP | 26/05/16 at 10:05 am

As per the provision under paragraph 26(2) of the Import Policy Order, 2015-2018, commercial import of explosive substances are not allowed except through the Trading…

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235

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