General Bond Period:
General Bond Period:
A General Bond of specific value per licensing rules is to be submitted in the non-judicial stamp of 2000 taka. It should be signed by all directors/partners/proprietors and be attested by Lien Bank.
1. Period of General Bond:
(a) Deemed Exporter: 1 year
(b) Direct exporters(Knit, Woven, Sweater): 3 (three) years
(c) Both Deemed and Direct Exporter: 1 (one) years
(d) Diplomatic, Duty-Free, and Duty paid Bond: 1 (one) year.
2. Value of General Bond:
(a) Deemed Exporter: Tk. 1,00,00,000.00
(b) Direct exporters(Knit, Woven, Sweater): Tk. 3,00,00,000.00
(c) Both Deemed and Direct Exporter: Tk. 2,00,00,000.00
(d) Diplomatic, Duty-Free, and Duty-paid Bond: Tk. 3,00,00,000.00
The Commissioner of Customs may increase the value of the General Bond.
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