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Bangladesh Export Policy 2009-2012

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Bangladesh Export Policy 2009-2012
Import Policy 2009-2012
1. General Provisions for Import
Regulation of Import- Import of goods under this Order shall be regulated as follows: * Unless otherwise specified in this order, the items banned for import in the list shall not be importable: Provided that, those items which are importable on fulfillment of certain conditions specified in the list shall be importable on fulfillment of those conditions. * Except the items specified in the article 3(a), all other items are importable freely. * While determining the import status of an item mentioned in the „Control List‟, if the description of goods does not conform to the H. S. Code mentioned against the item or any discrepancy arises between the H.S. Code and the description of goods, in that case the description of goods shall prevail.
Conditions for regulating import
If the import of an item was restricted before coming into effect of this Order or if such restriction has been made effective due to the inclusion of the item in the Control List annexed to this Order or for imposition of any other condition such restriction shall be subject to the following conditions :--
(a) In case any restriction is imposed on import of a particular commodity with a view to protecting the interest of a local industry the concerned sponsoring authority / Bangladesh Tariff Commission shall strictly monitor production of that industrial unit regularly;
(b)The industrial units (Protected Industry) which are specially engaged in “assembling type” activities shall have to move towards progressive manufacture actively and expeditiously;
(c) Except due to the rise of price of raw materials or the decline in the rate of exchange, if the increase in the price of an item increases or the price of finished product is disproportionately higher than the rise in the price of the raw materials in the international market, the ban on the import may be revoked on the recommendation of the concerned sponsoring authority

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