Trade Regulations and Standards

• Customs Valuation
• Import Licenses
• Import/Export Documentation
• Standards
• Free Trade Zones/Warehouses
• Membership in Trade Arrangements

Trade relations between Bangladesh and Italy

Export Policy of Bangladesh

• Fiscal Incentives:
(click the link for details)
1. Convertibility of Taka
2. Utilization of Foreign Exchange by Exporters
3. Export Promotion Fund ( EPF )
4. Extension of Time-limit for adjustment of Export Credit from 180 days to 270 days
5. Export Financing
6. Rebate on insurance premium
7. Incentives for export of non-traditional industrial products
8. Import facilities of raw materials for export-oriented leather industries
9. Income tax rebate on export earnings :
10. Lowering the rate of AIT at source
11. Payment of duty drawback through commercial banks
12. Bonding facilities for export-oriented industries
13. Duty-free Import of capital machinery by export-oriented industries
14. Alternative facilities in lieu of customs bond or duty drawback for export-oriented domestic textile sector and garments industries
15. Tax holiday
16. Duty drawback scheme
17. Value Added Tax (VAT) on packaging materials
18. Simplification of the procedure for refund of VAT paid on export support services
19. Permission for sale of goods rejected for exportation
• General incentives:
(click the link for details)
1. Declaring 80% export oriented leather industries as 100% export-oriented industries
2. Other 80% export-oriented industries to get identical incentives available to 100% export-oriented industries
3. Reduced airfreight for export of all crash programme items including fruits and vegetable
4. Settlement of trade disputes
5. Recognizing small and medium size agricultural farms as Industry
6. Research and development
7. Export on the basis of sub-contracting
8. Assistance to contract services abroad like Engineering Consulting Services Contract and Civil Construction Contract etc.
9. Annual ceiling for despatch of export samples
10. Commodities under the Crash Programme
11. Increased import facilities of samples for product development
12. Multiple entry visa to importers and foreign Investors
13. Deemed Export Facilities
14. Import of samples by Export Promotion Bureau and TCB
15. Import of banned items
16. Widening the Scope of deemed export
17. Waiver on Shipment of goods
18. Re-export ( Entre-Pot)
19. Export and Import without L/C.
20. Relaxation of provisions for import of raw materials through back-to-back L.C. for export- oriented industries
• Product-Specific decisions :
(click the link for details)
1. Readymade Garments
2. Frozen Fish
3. Cultivation of Bamboo, Cane and Coconut
4. Tea Industry
5. Jute Industry
6. Other Sectors
• List of goods prohibited for export
• List of goods restricted for export (Export allowed under special permission of the Ministry of Commerce )