The Certification for Capital Machinery Release is an essential procedure that entails securing official approval for the readiness and compliance of machinery earmarked for operational deployment. This certification guarantees that the machinery meets stringent safety, quality, and regulatory criteria, thereby authorizing its utilization for productive endeavors. The legal framework governing this certification is grounded in the Companies Act 1994 and the Import Policy Order 2015-18, providing the necessary legal basis to ensure adherence to established standards and regulations.
Issuing Authority:
Leather goods and Footwear Manufacturer & Exporters Association of Bangladesh
Erectors House
18, Kemal Ataturk Avenue (9th Floor),
Banani C/A, Dhaka-1213 Bangladesh
Email: info@lfmeab.org
Web: www.lfmeab.org
Required list of all documents:
1. Photocopy of the original Commercial Invoice
2. Packing List
3. Bill of Lading
4. LC
5. Bill of Exchange (BOE)/Shipping Bill
6. Indemnity
7. Machine Installation Certificate
8. Photocopies of the Original Proceeds Realization Certificates (Last Three Years)
9. TT Certificate
10. Application (letterhead pad of the applicant company)
Step by step all process:
Application Preparation and Submission: The applicant meticulously drafts the application on official letterhead, ensuring it complies with prescribed regulations. Simultaneously, all requisite documents and fees are organized and submitted, facilitating an expedited review process and ensuring all paperwork is in order.
Step 2 Verification and Routing: Upon receipt, the Dispatch Section meticulously reviews the application and accompanying documents to ensure completeness and accuracy. Once verified, the application is forwarded to the Executive Director or President for further review and approval.
Step 3 Review and Approval: The Executive Director or President carefully examines the application file, assessing its compliance with regulatory requirements and internal protocols. Upon satisfaction, they affix their signature, indicating approval for the release of capital machinery.
Step 4 Recommendation Letter Issuance: With the Executive Director’s or President’s endorsement secured, the applicant obtains the recommendation letter, affirming that all necessary steps have been taken to meet the criteria for capital machinery release, thereby facilitating the finalization of the certification process.
Fee Schedule:
Fees BDT 2,000
Official timeline
3 Days
Actual timeline