NBR plans to split customs bond commissionerate
The National Board of Revenue plans to split the Customs Bond Commissionerate (CBC) Dhaka into two parts to offer better and faster services.
The CBC deals with fully export-oriented manufacturers, who are given bonded warehouse licences, to import duty-free raw materials on condition of exporting finished products.
The board of the NBR has already approved the plan in principle, based on the recommendations by a committee formed in the middle of last year, officials said.
The split will increase work efficiency and provide the exporters with the option of getting the services at the nearest CBC office, a senior official of the NBR said, preferring anonymity.
CBC Dhaka, established in 2000, has over 6,000 such manufacturers registered in the Dhaka administrative zone, according to its website.
About 3,917 of the exporters are currently active, said Md Saiful Islam, commissioner of CBC, Dhaka.
Most bonded warehouse licence holders operate through factories inside the capital and in areas like Savar, Narayanganj and Gazipur. Exporters also have to visit the CBC offices and the officials have to visit the sites for monitoring, the official said.
The proposal to split the CBC will soon be sent to Finance Minister AMA Muhith for approval, officials said.
"Traffic causes exporters lose a lot of time. Splitting of the CBC will be beneficial for them if both offices are properly equipped to supply one-stop services,” said Faruque Hassan, senior vice-president of Bangladesh Garment Manufacturers and Exporters Association.
“Otherwise, we will have to go to the main office again to finish tasks," said Hassan, who is also the managing director of Giant Apparels.
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