How to obtain a customs bond license

Under Customs Act 1969, a business entity dealing in export of goods is allowed to avail the bond facilities. The bond provisions have been part of the Customs Act since its early days. The monitoring of bond benefits initially used to be done by the concerned Custom Houses. It meant that a company up until this point had to deal with more than one Custom Houses for their import and export activitities, making it complicated when trying to match quantity of goods.

The establishment of Customs Bond Commissionerate in November 2000 was essentially took place to redress this issue and provide support export oriented enterprises. This office deals in the issuance of different form of Bond Licenses which are required by the exporters. Thus, most of the 100% export-oriented industries are presently under control and direction of the Bond Commissionerate.

Required Document for application of Bond License
  • Application on Standard Format with appropriate revenue stamp 
  • BIDA/BSCIS Registration and BIDA Recommendation
  • Company TIN and Certified copy of wealth statement issued by Income Tax Department (IT-10B) for all directors/owners
  • Trade License
  • Fire License
  • VAT Registration Certificate (Business Identification Number -BIN)
  • Recommendation by concern business association. If applicant is not member of 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
  • Boiler certificate

  • One original copy of Memorandum and Article of Association and Certificate of Incorporation issued by RJSC

  • Purchase document for machinery. Invoice and Bills of Entry for import and VAT invoice (Challan) for local purchase

  • Two copies of layout plan of factory
  • Deed of land/space ownership or Duly notarized Rental deed
  • Affidavit (Halafnama) to follow the law, rules and procedures on non-judicial stamp of value BDT 300/- by Managing Director/Proprietor/Sole Partner.
  • Certificate from lien bank(s) that the applicant has financial strength to submit General Bond of appropriate amount of money