NBR pays heed to BTMA re­quest; re­laxes sub­mis­sion of plant quar­an­tine cer­tifi­cate

Apparel Online - - TEX-FILE -

In an ef­fort to ex­pe­dite the process in­volved in im­port of cot­ton, Bangladesh’s Na­tional Board of Rev­enue (NBR) has re­port­edly re­laxed sub­mis­sion of plant quar­an­tine cer­tifi­cate for cus­toms as­sess­ment of im­ported cot­ton, claim me­dia re­ports.

This step by the NBR re­port­edly fol­lows re­peated de­mand from Bangladesh Tex­tile Mills As­so­ci­a­tion (BTMA) to ease the process of cot­ton im­port. As per re­ports, the BTMA re­port­edly has writ­ten at least four let­ters to NBR since Au­gust 2018 re­quest­ing re­in­state­ment of the pre­vi­ous pro­ce­dure of cer­tifi­cate sub­mis­sion as the new sys­tem as per BTMA of­fi­cials, leads to in­creased lead time in ex­port of ready­made gar­ment prod­ucts by at least four to five days. Im­porters re­port­edly needed four to five days to man­age the cer­tifi­cate from the quar­an­tine of­fice and an­other three to four days were re­quired for com­plet­ing the pro­ce­dures to re­lease the goods, which re­port­edly re­sulted in de­lay of yarn and fab­rics sup­ply to the re­spec­tive RMG fac­to­ries, which re­sulted in de­lay of gar­ment ship­ments, re­port­edly claimed the BTMA of­fi­cials, fur­ther ad­ding that the de­lay in re­lease of cot­ton from the ports also re­sulted in in­ter­rup­tion of pro­duc­tion process at the spin­ning mills. Con­sid­er­ing the chal­lenges faced by the fab­ric man­u­fac­tur­ers, the Chit­tagong Cus­toms House re­cently is­sued an of­fice or­der mak­ing the cer­ti­fi­ca­tion con­di­tion eas­ier. Of­fi­cials re­port­edly said that the cus­toms au­thor­i­ties re­laxed the con­di­tions to re­move com­plex­i­ties in cus­toms as­sess­ment process and re­duce the con­sign­ment clear­ance time. As per cus­toms of­fi­cials, fol­low­ing the lat­est move, there would be no prob­lem now as the re­lease of im­ported cot­ton would be ex­pe­dited since im­porters would get some time to col­lect quar­an­tine cer­tifi­cate while cus­toms of­fi­cials would be con­duct­ing the as­sess­ment pro­ce­dure.

As per cus­toms of­fi­cials, fol­low­ing the lat­est move, there would be no prob­lem now as the re­lease of im­ported cot­ton would be ex­pe­dited since im­porters would get some time to col­lect quar­an­tine cer­tifi­cate while cus­toms of­fi­cials would be con­duct­ing the as­sess­ment pro­ce­dure.

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.