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Meeting Summary of Customs Bond Commissionerate: Snigda Biswas [Joint Commissioner] & Shamima Akter [Additional Director]
CHT letter issue:
CBC Dhaka South provided positive opinion to NBR but CBC Dhaka North has given negative opinion to NBR.
CBC Dhaka South does not have any issue if CHT sells products to deemed exporters without B2B L/C.
But CHT has to take UP from CBC to sell goods to customers.
DEDO (Duty Exemption and Drawback Office) Co-Efficient is required for selling manufactured goods.
The final decision will be taken by NBR for the CHT.
Note: Opinion for NICCA BD: As like as CHT, NICCA BD will be get the similar benefit from CBC.
Selling to Deemed Exporter:
B2B L/C is not required, Master L/C or TT is allowed.
UP is required from CBC. Based on the purchase order from the client UP must be obtained.
Selling to Direct Exporter:
Based on the customers’ preference B2B L/C is needed. Master L/C and TT are also allowed to sell goods to Direct Exporters.
UP is required from CBC.
Note: There is a problem that, NICCA will import raw materials and sell it to customers. Right now NICCA does not have any production plant. So, it is not possible to get the DEDO (Duty Exemption and Drawback Office) Co-Efficient.
In this case, NICCA can grab the same facility as like as Huntsman. CBC will allow only warehouses without a manufacturing plan.
NICCA BD has to take special approval and authority will treat NICCA BD especially since these statements are given verbally and there are no laws made for the new business scheme.
UP is needed from CBC.
Based on client preference B2B L/C is needed.
Master L/C or TT allowed.
DEDO co-efficient is needed.
UP is needed from CBC.
B2B L/C is not needed.
Master L/C or TT allowed.
DEDO co-efficient is needed.