BGMEA calls for faster customs bond services

Staff Reporter :
The entrepreneurs of the country’s readymade garment sector have urged the Customs Bond Commissionerate (CBC) to provide faster and more simplified services to the apparel industry.
They also called for removing complexities in the process of including description of raw materials and other related materials with their HS code in bond licences.
Faruque Hassan, President of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) made the request during a meeting with CBC Commissioner (Dhaka South) Mohammad Ahsanul Haque, and CBC Commissioner (Dhaka North) Md Azizur Rahman at the CBC office in Dhaka on Monday.
BGMEA Vice President Shahidullah Azim was also present at the meeting.
The BGMEA leaders apprised the CBC commissioners of the problems being faced by the RMG factories with regard to customs bond related services.
They sought cooperation of CBC to remove all obstacles in the customs bond related issues.
BGMEA President Faruque Hassan said the RMG industry aims at increasing its global market share in the coming days.
The sector needs faster services to reduce lead time and the cost incurred due to delayed services, he said. In order to seize the opportunities that lie ahead of the RMG industry, business procedures, especially customs and bond related ones should be made more simplified and quicker, Faruque Hassan added.
The two commissioners listened to the BGMEA leaders and assured of their cooperation address the issues raised in the meeting.