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.