Permanent Order to conduct the activities of EPZs-2014

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Permanent Order to conduct the activities of EPZs-2014

Type: SROs

Issuing Agency: Customs Commissionerate

Responsible Agency: Customs Commissionerate

Issuing Date: 28-08-2014

Customs Bond Commissionerate

342/1, Segunbagicha Dhaka-1000

SROs

Permanent Order No- 01/2014 Date: 28-08-2014

Subject: Permanent order to conduct the activities of Dhaka EPZ East, Dhaka EPZ West & Adamjee EPZ

Customs Bond Commissionerate issued this permanent order to bring coordination & ensure the smooth accomplishment of the activities of subject mentioned three EPZs. The Order is comprised of following 27 chapters.

SL	Chapter Title
Chapter 01	License
Chapter 02	General Bond Perform
Chapter 03	In to Bond & X-Bond
Chapter 04	Transfer of temporary commodities & raw material bond
Chapter 05	Permanent Bond Transfer
Chapter 06	Import-Export Customs Procedures
Chapter 07	Goods import in EPZ area
Chapter 08	Entering goods from local tariff area into EPZ
Chapter 09	Good export from EPZ area
Chapter 10	Re-export or Ship Back
Chapter 11	Special activities
Chapter 12	Annual Audit
Chapter 13	Temporary Machineries Placement
Chapter 14	Old Machineries resolution
Chapter 15	Management of export-defected goods
Chapter 16	Commissionerate Management
Chapter 17	Waste Management
Chapter 18	Sample Supply
Chapter 19	Energy Supply
Chapter 20	Machineries Repair
Chapter 21	Lien Bank bond
Chapter 22	Lien Bank change
Chapter 23	Lien Bank branch change
Chapter 24	Ownership Change
Chapter 25	Factory Transfer
Chapter 26	Factory Expansion
Chapter 27	Functions of Customs Officials

Important Issues of the Permanent order to conduct the activities of Dhaka EPZ East, Dhaka EPZ West & Adamjee EPZ

License

Temporary Bond Registration can be received subject to the approval of Customs Authority.

Required procedures to receive Temporary Bond Registration

1. Final Bond License must be received within 1 year

2. If any entity fails to receive within 1 year then Commissioner can extend time to more 6 months

3. Bonded Warehouse Licensing Rules - 2008 shall be followed to issue Bond License

General Bond

The entity has to prepare BDT 2,000 Non-Judicial stamp. It can be performed for 1-3 years.

Commissionerate Management

In exercise of the power, conferred by the the Section 19 of Customs Act-1969, Article 14 of VAT Act-1991, Rules 17A of Income Tax Rules- 1984 and Article 7 of Finance Act-1997, the Government rebates all additional duties, VAT, SD, AVT & Infrastructure Development Surcharge except 15% Customs Duty on imported Foods, Cigarette & Drinks to be sold to foreign investors & their foreign official/technician by the BEPZA Commissionerate.

As per the SROs-377-Law/2013/2471/Customs Dated 08.12.2013, Following new schedule has been published.

Particular of goods	Monthly entitlement of a privileged person or of each member of his or her family	Conditions of Import and Purchase
Articles of foodstuff medicine and other consumable stores	Upto a CIF value of [US$ 120.00]	The total value of goods either imported on duty-free basis or purchased from the diplomatic onded warehouse of Bangladesh Parjatan Corporation by a privileged person shall not exceed the value mentioned in column 2.
Alcoholic Beverage, Liquor and Tobacco.	Upto a CIF value of [US$ 200.00]	The total value of goods either imported on duty-free basis or purchased from any type of diplomatic bonded warehouse by a privileged person shall not exceed the value mentioned in column 2.