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What is Bonded Warehouse

Basically "Bonded Warehouse" means the facility provided to export oriented industries for importing inputs/raw materials and packaging materials without paying any duty or taxes. The National Board of Revenue  (NBR) provides bonded warehouse benefits to a wide range of industries  to encourage export oriented industrialized and facilities export. Availing the bonded warehouse facility is important for the export-oriented industries as it enhances their export competitiveness.

Categories of Bonded Warehouse:
Depending on the type of inputs/raw materials used the purpose of their use and the type of exports, bonded warehouse are basically of two category 

01. Special Bonded Warehouse 
02. General Bonded Warehouse
  • 1. Special bonded warehouse is applicable for 100% export oriented ready made garments industries, which include woven garments, knit wear & sweater manufacturing industries.
  • 2. General bonded warehousing applies to other 100% export oriented industries these quota mentioned below.
2.a) 100% export-oriented ship building industries.
2.b) Accessories Industries for :
  1. Deemed Exports-100% export oriented packing/carton, label, poly bag, button, hanger etc.
  2. Direct Export - 
2.c) General bonded warehouse for home consumption example that British Ameria Tobaco. which are deferred payment facility may be 6 month.
2.d) 100% export oriented deemed to deemed export industries. 

Bond License:
In order to obtain a bonded warehouse license, applicants need to complete a bond license application procedure which procurement submit the same with necessary documents and application fee to the respective Bond Commissioner-ate or any customs  excise and vat commissioner which authorized by the NBR to issue bonded warehouse license.

Bond Entitlement:
Actually bonded warehouse facilities are subject ot yearly entitlement. Yearly entitlement is allowed bassed on production capacity of capital machinery and previews years performance.

However direct exporter in the RMG sector are not required yearly entitlement. They can import raw materials and related items based on the requirement of Utilization of Declaration (UD) & Master Lc.

Bonded Warehouse holders are needed to submit general bond which value & others info mentioned below :

  • Deemed Exporter : 1,00,00,000 Taka
  • Direct Exporter     : 3,00,00,000 Taka
  • Both Deemed & Direct Exporter : 2,00,00,000 Taka
  • Diplomatic Duty Free & Duty Paid Bond : 3,00,00,000 Taka
Bonding Period:
For export oriented industries bond period varies from industry to industry. Bonding periods are mentioned bellow for understanding :
Bonded Warehouse Type
Bonding Period
Special Bonded Warehouse
24 Months Commissioner reserve the power to extend the bonding period for a maximum of 6 month.
Direct Exporter
24 Months Commissioner reserve the power to extend the bonding period for a maximum of 6 month.
Home Consumption Bond
6 Months Commissioner reserve the power to extend the bonding period for a maximum of 3 month. NBR further extend 3 month.
Deemed Exporter
24 Months Commissioner reserve the power to extend the bonding period for a maximum of 6 month.
Diplomatic Bond
12 Months Commissioner reserve the power to extend the bonding period for a maximum of 3 month.
Ship Builder s Bond
48 Months bonding period is extendable


Import Under UD/UP:
A exporter import goods against under UD/UP. UD will be declared by BGMEA & othersite UP will be declared by customs. Here declarations which item goods imported for export.

SPR:
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