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Export and Import control act of BD

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WE ARE

WELCOME

TO

OUR PRESENTATION

Group Profile We are AVENGER Team

Name ID @Razia Sultana…………..87 @Shanjina Jhuma………161 @Md. Mahabub Alam…..169 @Ataur Rahaman………..199

@Nusrat Sharmin Tisha..197 @Tansen Rose……………..201

OUR TOPIC IS……………

Export and Import Control Act 1950….

PREFACE

Import and export means respectively to bringing into and taking out of Bangladesh by sea, land or air.

There are several provisions relating to import and export in Bangladesh .These provisions are enforced to prohibit, restrict, execute or otherwise control import and export……………

AUTHORIZED PERSON TO CONTROL THE ACT

According to section 2(a),Chief controller, a collector of customs is appointed by the government under the custom act 1969.controller appointed by the government to perform the duties of controlling import and export.

POWER TO PROHIBIT OR RESTRICT According to section 3(1), the government may

, by order published in the official gazette , prohibit, restrict or otherwise control import and export of goods of any specified description.

By section 3(2), no goods of the specified description shall be imported and exported except in accordance with the conditions of a license to be issued by the chief controller or any other authorized officer on behalf of Government.

 PROHIBITION TO SELL OR PURCHASE IMPORT LICENSE

According to section 4(a), no person shall sell, purchase or otherwise deal in any import license other than an import license issued under the export bonus scheme that means scheme introduced by government.

PROHIBITION REGARDING SALE AND TRANSFER OF GOODS BY INDUSTRIAL CONSUMERS

According to 4(b),Except with the previous permission in writing of the controller or any other authorized officer , no person who is in his capacity as industrial consumer , without any license ,shall sell, purchase or transfer such goods which is allowed by the act 1950……

AMENDMENT

An Act to continue for a limited period powers to prohibit control imports and exports. (As amended up to the 26th May, 1962)

After independence of BD this act was amended in 1975.

The following Acts of House of the Nation received the assent of the president on the 3rd December,1997.

EXPORT CHALLENGE OF BD

IMPORT PRODUCTS OF BD

Milk Powder and Cream Powder Fruit Cordiel Biscuit Sauce (Fruit &  Vegetable) Coconut Oil Skin Cream Tooth Paste Polyester blend Suiting Polyester blend Shirting Cement Ceramic Tablewares G P Sheet (Including  Corrugated Sheet) Ceramic Tiles

EXPORT COMPANIES OF BANGLADESH

Faisal Export Euro asia Expor Import int Apparel Export Group Prime Export Import Forum Ali Trading Corporation Bangla-german Latex Co.Ltd Chowdhury Trade International Isma Textile and Accessories Shah Knitting &Processing ltd Stareon Limited g.f textile Golden Dream

IMPORT COMPANIES OF BD

World Trade Filim International Pvt Green Interiors Emerging Power Ltd

Creative Electro Power Habib & Sun Trading Co ltd Elite Textile Service Wild leather Expo Credible Training

PENALTY

According to section (5), If any person contravenes any provision of this act

or any order made on this rule , he/she will be punished with imprisonment for a term which may extends to one year, or with fine, or with both. No court shall take cognizance of any offence punishable under this section except some cases.

ANY QUERY????????

THANKS TO ALL