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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 ]
In order to stimulate rapid economic growth of the country, particularly through industrialization, the government has adopted an 'Open Door Policy' to attract foreign investment to Bangladesh. The BEPZA is the official organ of the government to promote, attract and facilitate foreign investment in the EPZs.
Bangladesh Customs is the principal customs agency of Bangladesh. The agency operating under the National Board of Revenue (NBR) is the lead tax collection agency in Bangladesh. [1] NBR is part of the Internal Resources Division (IRD) under the country's Ministry of Finance. The agency formulates policies concerning the levy and collection of ...
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
A government permit is necessary for selling, storing and transporting alcohol. To drink alcohol in Bangladesh, one must have a legal permit, almost always given to non-Muslims. Muslims will need a medical prescription to obtain an alcohol permit. The prescription must be given by an associate professor of the medical college or a civil surgeon.
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NBR is responsible for the formulation and continuous re-appraisal of tax-policies and tax-laws in Bangladesh. Negotiating tax treaties with foreign governments and participating in inter-ministerial deliberations on economic issues having a bearing on fiscal policies and tax administration are also NBR's responsibilities.
Import is part of the International Trade which involves buying and receiving of goods or services produced in another country. [5] The seller of such goods and services is called an exporter, while the foreign buyer is known as an importer.