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Bangladesh Customs has an intelligence division, responsible for preventing smuggling and tariff evasions. In 2016 it started operations to recover cars bought and sold in Bangladesh evading taxes, the cars were bought in by Foreign officials working in International agencies such as the World Bank and various agencies of the United Nations.
Global map of countries by tariff rate, applied, weighted mean, all products (%), 2021, according to World Bank. This is a list of countries by tariff rate. The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1. Import duty refers to taxes levied on imported goods, capital and ...
Bangladesh Tariff Commission traces its origin to the East Pakistan branch of Pakistan Tariff Commission, the commission was established on 28 July 1973. The commission is responsible for protection of domestic industry and regulation of import. [2] [4] The commission is weak according to its own commissioner. [5]
Office of Chief Controller of Imports and Exports was founded on 19 April 1950 through the passage of the Import Export Control Act, 1950 in East Pakistan. [4] It is under the Ministry of Commerce . [ 5 ]
HS code 1006.30, for example, indicates Chapter 10 (Cereals), heading 10.06 (Rice), and subheading 1006.30 (Semi-milled or wholly milled rice, whether or not polished or glazed). In addition to the HS codes and commodity descriptions, each Section and Chapter of the HS is prefaced by Legal Notes, which are designed to clarify the proper ...
Other responsibilities include administration of matters related to taxes, duties and other revenue related fees/charges and prevention of smuggling. Under the overall control of IRD, NBR administers the excise, VAT, customs and income-tax services consisting of 3434 officers of various grades and 10195 supporting staff positions.
Bangladesh Tariff Commission; Office of the Registrar of Joint Stock Companies and Firms; Import and Export Control Department; The Institute of Cost and Management Accountants; The Institute of Chartered Accountants of Bangladesh; National Consumer Rights Protection Department; Trading Corporation of Bangladesh (TCB) Bangladesh Tea Board
The purpose of the SAFTA is to encourage and elevate common contract among the countries such as medium and long-term contracts. Contracts involving trade operated by states, supply and import assurance in respect of specific products etc. It involves agreement on tariff concession like national duties concession and non-tariff concession.