Customs

Introduction

Customs, Shipping, and Government stakeholders are playing major role for import and export of goods and these organizations have important functions in the export import trade chain. Due to lack of clear understanding about the customs rules, regulation, procedure of shipping, role of shipping

agent, business professionals face troubles in doing the business smoothly.Businessmen have to follow a complex customs procedure in the way of import and export. This course will help understand the process of clearance of goods from customs and minimize the expenses at every stage as well.What kinds information get from this site: 1) Businessmen can reduce their Import- Export Business cost.2) New Entrepreneurs will know A to Z Import Export business procedure and documentation.3) About customs operating systems of Import- Export of Bangladesh and how to calculate duty and taxes.

Methodology

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Contents of this site :

• H.S CODE & ITS IMPORTANCE 

• DUTY & TAXES 

• CALCULATION OF DUTY AND TAXES 

• CALCULATION OF COST OF IMPORT GOODS 

• CARGO CLEARING PROCEDURE FROM CUSTOMS 

• DOCUMENTS REQUIRED BY IMPORTERS AND EXPORTERS 

• MASTER L/C, BACK TO BACK TO L/C, TRANSFERABLE L/C, ETC 

• UPAS L/C 

• INCOTERMS 

• CASH IN ADVANCE, OPEN ACCOUNT, ON CONSIGNMENT, COLLECTION, ETC 

• ISSUING BANK, ADVISING BANK, CONFIRMING BANK, NEGOTIATING BANK, 

• BILL OF ENTRY/ SHIPPING BILL 

• BILL OF ENTRY & BILL OF EXCHANGE 

• LCL & FCL CARGO 

• FEEDER VESSEL & MOTHER VESSEL 

• SHIPPING DOCUMENTS & COPY DOCUMENTS (NON NEGOTIABLE) 

• THIRD PARTY DOCUMENTS 

• SPECIAL TYPES OF L/C 

• IMPORT WITHOUT L/C 

• L/C AMENDMENTS 

• IMPORTANT CLAUSES OF L/C 

• PROCEDURE FOR IRC 

• PROCEDURE FOR ERC • INTERNATIONAL PAYMENT METHODS (AS PER BANKING            RULES) 

• EXPORT IMPORT PROCRDURE WITH FLOW DIAGRAM 

• BUSINESS COST MINIMIZE AT EVERY STAGE 

• ROLE OF C&F AGENTS WITH CUSTOMS 

• EXPORT INCENTIVE 

• D OCUMENTS FOR C&F AGENT BUSINESS 

• NAME OF THE SHIPPING LINES 

• SHIPPING GUARANTEE 

• DEFINITION RELATED TO CUSTOMS 

• BONDEDWAREHOUSE AND ITS FACILITIES 

• CONTAINER DETAILS 

• CBM CALCULATION 

• VOLUMETRIC WEIGHT CALCULATION 

• IMPORT BANED ITEMS AS PER IPO 

• EXPORT BANED ITEMS AS PER EPO 

• IRC, ERC, SWIFT, SRO, B/L, FOB, CFR, GSP, UCP-600, UCPDC, LCA, PSI, TT, LTR, VAT,        AIT, UP, UD, ASYCUDA++, ETC....
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