A Bonded Warehouse License grants permission to store imported goods temporarily in a secure facility without immediate customs duties and taxes. This enables businesses to defer payments until the goods are withdrawn for distribution or export, facilitating smoother supply chain management and international trade.
A Bonded Warehouse License allows duty-free storage of imported goods until they enter the local market. It is governed by Section 13(1) of the Customs Act 1969, which outlines operational regulations. The Stamp Act, 1899 schedules stamp duties applicable to such licenses, ensuring legal compliance.
Issuing Authority
Name : Customs Bond Commissionerate
Fax :+88-02-9341076
Website : www.cbc.gov.bd
Required Documents
- Application on Standard Format with appropriate revenue stamp [Original]
- BIDA/BSCIC Registration and BIDA recommendation [Original]
- Company TIN and Certified copy of wealth statement issued by Income Tax Department (IT-10B) for all directors/owner [Original]
- Trade License [Updated and Original Copy duly attested by the concerned lien bank(s)]
- Fire License [Updated and Original Copy duly attested by the concerned lien bank(s)]
- Value added tax (VAT) Registration certificate (Business Identification Number- BIN) [Updated and Original Copy duly attested by the concerned lien bank(s)]
- Recommendation by concern business association (if applicable). [If applicant is not a member of any Association, he can apply without recommendation for Bond License]
- Name, Designation, present and permanent address, signature and photo attached/put on Non-judicial stamp of value BDT 300/- of owner/directors. [It should be duly notarized by a Competent Authority and be attested by the lien bank(s)
- Boiler certificate [If applicable]
- Memorandum and Articles of Association and Certificate of Incorporation issued by RJSC [Original copy, if applicant is a company]
- Purchase document for machinery. Invoice and Bills of Entry for import and VAT invoice (Challan) for local purchase. [Original copy]
- Layout plan of the factory [Two (2) copies of the original, a ammonia printed copy signed by a registered engineer]
- Deed of land/space ownership or rental deed [Original copy duly notarized, in case of rental space]
- Affidavit (Halafnama) to follow the law, rules and procedures on non-judicial stamp of Value BDT 300/- by Managing Director/ Proprietor/Sole [It could be duly notarized by a competent authority]
- Certificate from lien bank(s) that the applicant has financial strength to submit General Bond of appropriate amount of money. [Original copy]
- IRC/ERC [Updated and Original Copy duly attested by the concerned lien bank(s)]
Process Steps
Step 1 Application form collection & Submission: The applicant submits the application to BIDA, receives their recommendation, and downloads the Bond License Application Form. The applicant also collects the necessary documents from NBR, Municipal, BIDA, etc., as per the document list. The applicant then fills up the Bond License Application Form correctly, consulting with the Bond License Branch of CBC if needed. The completed application form, along with all required documents, is submitted to BIDA. During submission, the receiving officer verifies the documents and writes “All documents submitted along with application” on the applicant’s copy.
Step 2 Factory Inspection and Approval Process: After submitting the application form with all required documents, the applicant obtains a token for factory inspection. A CBC officer conducts a comprehensive inspection, which includes checking the warehouse, machine layout, and visiting the bank. The officer then submits a detailed inspection report to the Commissioner for approval.
Step 3 Fee Submission and Bond License Signing: CBC notifies the applicant, who proceeds to submit the necessary fees to Bangladesh Bank and obtains a Treasury Challan. Subsequently, all directors, partners, or the proprietor sign the Bond License Application Form in the presence of the CBC officer.
Step 4 Receipt of Bond License: Finally applicant receives the Bond License upon completion of all steps.
Fee Schedule
License BDT 10000.00
Fee VAT BDT 1500.00
Official Time Limit
15 days**
Actual Time Limit
15 days (if all documents are in order)
Renewal process
Required Documents
1. Company TIN Certificate [Original copy duly attested by a First-class gazette officer]
2. Trade License [Updated & Original copy duly attested by the concerned lien bank(s)]
3. Fire License [Updated & Original copy duly attested by the concerned lien bank(s)]
4. IRC/ERC [Original copy duly attested by a First-class gazette officer]
5. Environment Clearance Certificate [Original copy duly attested by a First-class gazette officer]
Process Steps
Step 1: Application Submission
The applicant submits their renewal application along with all necessary documents to the relevant Chamber or Association. Upon receiving the application, the Chamber or Association forwards a request to the commissioner for further processing and approval.
Step 2: Fee Payment and Document Submission
After submission, the applicant proceeds to deposit the renewal fee at Bangladesh Bank and obtains a Treasury Challan as proof of payment. Alongside the Treasury Challan, all required documents are submitted to the Chamber or Association for verification and processing.
Step 3: License Renewal
Once the Chamber or Association verifies the submitted documents and confirms the fee payment, the applicant is issued the renewed license by the CBC (presumably the appropriate authority overseeing the renewal process). This marks the completion of the license renewal procedure.
Fee Schedule
License Fee BDT 10000.00
VAT BDT 1500.00
Official Time Limit
7 days**
Actual Time
**
Time may vary