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Import under UD/UP: How much inputs and packaging materials will be used in manufacturing exportable products is basically determined by the Utilization Declaration (UD) or the Utilization Permission (UP). In the case of readymade garments industries, the UD issued by Bangladesh Garments Manufacturers and Exporters Association acts as the basis. In the case of other export-oriented industries, the UP issued by the Customs Bond Commissionerates acts as the basis. This UD or UP is finally settled after the manufactured products are exported.
Documents used by Direct Exporters only:
Utilization Declaration Application:
This is a statement by the manufacturer as to the quantities of imported materials that are required to produce the quantity of product covered by the bond license to be exported. In effect, it is the manufacturer’s bill of materials for specific goods to be produced under a specific contract. The application is a four-page form (or longer, depending on continuation sheets). A specimen of the blank form is set out in Appendix, Annex 3 – Utilization Declaration Application/Form. The bonder submits the completed form to BGMEA or BKMEA, as the case may be, with certain required commercial or banking documents, including-
The Master L/C
The Export L/C
The Back To Back L/C
The Pro Forma Invoices
Packing Instructions
Bank Statement (Referencing The L/C)
Product Measurement Sheet
• Utilization Declaration
Following verification of the application, BGMEA or BKMEA, as the case may be, issues the
Utilization Declaration. Essentially, this is the verified Utilization Declaration Application,
signed by a representative of BGMEA or BKMEA and assigned a unique reference number.
• Passbook
The bonder is provided with two passbooks. One is for the bonder, the other for customs.
The purposes of these passbooks is to record each import transactions of raw materials made
under the bond license, and each export of finished goods manufactured with those inputs.
• Utilization Permit: Documents used by Deemed Exporters only
This document issued by the Bond Commissionerate on application of a deemed exporter to
allow the deemed exporter to remove imported raw materials from his bonded warehouse so
that they can be used in production of accessories.
Bond Licensing Process - Overview