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Date: 05-09-1419 BS/19-12-2012 A.D


        No. S.R.O. 411-Ain/2012- In exercise of the powers conferred by section 3(1) of the Imports and Exports (Control) Act. 1950 (Act XXXIX of 1950), the Government is pleased to make and issue the following order.







1.          Short Title, Application, Duration, etc.- 


(1)          This Order may be called the Import Policy Order, 2012-2015.


(2)          Unless otherwise specified, this Order shall apply to all imports into Bangladesh.


(3)          It shall come into force immediately and shall remain in force up to 30th June, 2015:


                          However, it will remain in force after the expiry of the validity until the new Import

                      Policy Order is issued.  


(4)          Notwithstanding anything contained in this Order, any notification, circular or order issued time to time by the government regarding import under Finance Act or any other law which does not conform this import policy, shall have preference over this Order.


2.  Definitions. -– In this order, unless there is anything repugnant to the subject or       context---


(1)          ‘Entre-port Trade’ means such trade in case of which imported goods could be  exported to a third country at a price minimum 5% higher without changing  quality, quantity or shape  and without allowing the said goods to be brought out  side the port area but can be carried, with the permission of the Ministry of  Commerce, from one port to another port for the purpose of exports. 


(2)          “Act” means, The Imports and Exports (Control) Act, 1950 (Act,XXXIX of 1950) ;


(3)          “Importer” means the ‘Importer’ as defined in article 2(f) of Importers, Exporters  and Indentors (Registration) Order,1981;


(4)          “Import Control Authority” means the Chief Controller of Imports and Exports and  includes any other authorized officer to issue licenses, permits or registration  certificates as per the relevant provisions of the Act and   rules & orders issued  under this Act.; 


(5)          “Basis of Imports” means percentage, rate or formula adopted for determining  the share of a  registered importer;

(6)          “Import value” means CFR value of imported goods for entre port trade or re export ;


(7)          “Indentor” means an indentor as defined in article 2(g) of the Importers,  Exporters and Indentors (Registration) Order,1981;


(8)          H.S. Code Number means the H.S. Code comprising eight or more digits  pertaining to classification of commodities;


(9)          “L/C” or Letter of Credit means letter of credit opened for the purpose of import  under this Order;


(10)       “L/C Authorization Form (LCA)” means the form prescribed for authorization of  opening of L/C;


(11)       “Clearing and Forwarding Agent (C&F Agent)” or  “Freight Forwarder (FF)”  means a person or an organization acting as C&F agent or as F.F.: 


 Provided that such person or organization must possess TIN and all activities of  the mentioned organization must be computerized.


(12)       ”Food Products” means food products fit for human consumption directly or after          processing.


(13)       “Registered Importer” means an importer registered under the Importers,  Exporters and indentors (Registration) Order, 1981;


(14)       “Controlled list“ means the list of items, import of which is controlled and given in  the table of annexure-1;


(15)       “Goods” means the list of goods specified in the First Schedule of Customs Act,  1969 (Act No.IV of 1969);


(16)       “Annexure” means an annexure appended to this order;


(17)       ”Permit” means an authorization for Import and Export, and includes import  permit, clearance permit, import permit on returnable basis, export permit or  export-cum-import permit as the case may be issued by Import Control Authority.


(18)       The “Sponsor" means Board of Investment (BOI) or Bangladesh Export  Processing Zones Authority (BEPZA) or Bangladesh Economic Zones Authority  (BEZA) or BSCIC or Bangladesh Handloom Board in case of handloom  industries run by Weaver’s Association; 


(19)       “Re-export” means export of any imported item within specific period with at  least 10% value addition to the import value after reprocessing the said   imported item locally by changing either its quality or shape or both;


(20)       “Actual user” means a person, group of persons, institution, body or  organization, other than registered importers, who may import a permissible item  (not being an industrial raw material requiring further processing before being  used or consumed) in limited quantity for his or its own use or consumption and  not for sale or transfer;


(21)       “Chief Controller” shall have the same meaning as given in section 2(a) of the   Imports and Exports (Control) Act, 1950.;


(22)       “Expatriate Bangladeshi” means foreign exchange earning Bangladeshi citizens  working/living abroad;


(23)       “Commercial importer” means an importer registered under the Importers,  Exporters and Indentors (Registration) Order,1981 who imports goods for sale  without re-processing ;


(24)       “Fish or Livestock or Bird’s feed” means feeds which are directly imported as  feed or used as Fish or Livestock or Bird after processing; 


(25)       “Importer for lease financing” means an importer registered, as special case,  under the Importers, Exporters and Indentors (Registration) Order, 1981  approved by the Government for provision of lease financing to the industrial,  energy, mining, agricultural, construction, transport and professional service  sector;


(26)       “Industrial consumer” means industrial unit registered as an  Industrial importer  under the Importers, Exporters and Indentors (Registration) Order, 1981 which is  100% Bangladeshi industrial unit and a foreign investor registered with relevant  sponsoring authority ;


(27)       “Public sector importer” means importers being government organizations or  institutes, statutory bodies, corporations and public universities; and  


(28)       “Plant and Plant product” means plant species or products originates from plant  or live and dead portion of plant with seeds, reproductive of plant source,  Germplasm, processed or unprocessed source of plant which for their  characteristics or for the process  able to carry, transmit and spread diseases  and packing materials and cotton. 

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