Export and Import control act of BD
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Transcript of Export and Import control act of BD
Group Profile We are AVENGER Team
Name ID @Razia Sultana…………..87 @Shanjina Jhuma………161 @Md. Mahabub Alam…..169 @Ataur Rahaman………..199
@Nusrat Sharmin Tisha..197 @Tansen Rose……………..201
PREFACE
Import and export means respectively to bringing into and taking out of Bangladesh by sea, land or air.
There are several provisions relating to import and export in Bangladesh .These provisions are enforced to prohibit, restrict, execute or otherwise control import and export……………
AUTHORIZED PERSON TO CONTROL THE ACT
According to section 2(a),Chief controller, a collector of customs is appointed by the government under the custom act 1969.controller appointed by the government to perform the duties of controlling import and export.
POWER TO PROHIBIT OR RESTRICT According to section 3(1), the government may
, by order published in the official gazette , prohibit, restrict or otherwise control import and export of goods of any specified description.
By section 3(2), no goods of the specified description shall be imported and exported except in accordance with the conditions of a license to be issued by the chief controller or any other authorized officer on behalf of Government.
PROHIBITION TO SELL OR PURCHASE IMPORT LICENSE
According to section 4(a), no person shall sell, purchase or otherwise deal in any import license other than an import license issued under the export bonus scheme that means scheme introduced by government.
PROHIBITION REGARDING SALE AND TRANSFER OF GOODS BY INDUSTRIAL CONSUMERS
According to 4(b),Except with the previous permission in writing of the controller or any other authorized officer , no person who is in his capacity as industrial consumer , without any license ,shall sell, purchase or transfer such goods which is allowed by the act 1950……
AMENDMENT
An Act to continue for a limited period powers to prohibit control imports and exports. (As amended up to the 26th May, 1962)
After independence of BD this act was amended in 1975.
The following Acts of House of the Nation received the assent of the president on the 3rd December,1997.
EXPORT PRODUCTS OF BD
Garment products - Woven & Knitwear
Jute Products
Leather Products
Pharmaceutical Products
ICT Products - Software, Graphic Design.
Ship Building
Bicycle
Frozen Fish etc.
IMPORT PRODUCTS OF BD
Milk Powder and Cream Powder Fruit Cordiel Biscuit Sauce (Fruit & Vegetable) Coconut Oil Skin Cream Tooth Paste Polyester blend Suiting Polyester blend Shirting Cement Ceramic Tablewares G P Sheet (Including Corrugated Sheet) Ceramic Tiles
EXPORT COMPANIES OF BANGLADESH
Faisal Export Euro asia Expor Import int Apparel Export Group Prime Export Import Forum Ali Trading Corporation Bangla-german Latex Co.Ltd Chowdhury Trade International Isma Textile and Accessories Shah Knitting &Processing ltd Stareon Limited g.f textile Golden Dream
IMPORT COMPANIES OF BD
World Trade Filim International Pvt Green Interiors Emerging Power Ltd
Creative Electro Power Habib & Sun Trading Co ltd Elite Textile Service Wild leather Expo Credible Training
PENALTY
According to section (5), If any person contravenes any provision of this act
or any order made on this rule , he/she will be punished with imprisonment for a term which may extends to one year, or with fine, or with both. No court shall take cognizance of any offence punishable under this section except some cases.